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Thursday, July 21, 2022

Kia India Record 5 Lakh Sales Milestone in Three Years

KIA India Record 5 Lakh of Sales Milestone in just Three Years.

KIA India becomes the first car manufacturer in the country to quickly achieve the 5 lakh sales of milestone in just three operational years. The newly launched Carens MPV did  propel the manufacturer to 1 lakh sales with the 30,953 unit sales, in just 4.5 months of its launch. The Seltos SUV continues to be the most popular product which contributes up to 59% of the company’s overall tally.

The KIA Carens has turned out to be quite popular in India and has become the fastest growing car manufacturer in India by selling up to 5 lakh units in just a span of three operational years. The new KIA Carens MPV has turned out to be quite popular, as it is the quickest selling product in the brand’s portfolio- of 30,953 units in just 4.5 months. It was the Carens MPV that propelled the KIA to the 1 lakh milestone first.

KIA Seltos contributes upto 56% of the company's overall sales tally

On the other hand, the KIA Seltos remains as the brand’s most important product. It continues to lead the company’s overall sales tally at about 59%, followed by the Sonet at 32%. The Carens MPV currently occupies the 6.5% of the sales company’s domestic sales in just 5 months of its launch. All in all, KIA India now contributes upto 6% of the global sales of KIA Corporation.

When it comes to contributing to their segment sales, 40% of the mid-size SUV s sold in India are KIA Seltos’. The Sonet continues to hold a steady sales contribution of the 15% in the compact of SUV segment. The Carens already contributed 18% of the sales in the MPV segment, and it is also the second most selling vehicle in its category. KIA’s premium MPV offering, the Carnival sells almost 400 units on a average in a month, the press release as stated.

The brand also revealed its intentions to increase its touch points from 339 to 400 centers across 225 cities in India by the end of CY 2022. Speaking of which, KIA India has witnessed the most profit in this year. The brand has already sold 70% of its last year's sales.

Speaking on this celebratory moment,of the Chief Sales Officer of KIA India, Mr Myung-Sik Sohn said, “India remains in a priority market for India, and hence our 3 out of 5 product offerings in the country are not only manufactured locally but exported to the different global markets as well. Recently, we have brought to life our vision of becoming a ‘Sustainable Mobility Solutions Provider’ brand in India with the launch of the EV6 and installing the fastest passenger vehicle charger of 150 kWh… India is a country with the immense potential, and we aim to continue contributing to the growth of the manufacturing in India by bringing in our the World-Class products and technologies.”

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