Y-o-Y growth

Kia India sustains growth momentum, sold 24,600 units in February 2023, registering a 35.8% Y-o-Y growth

March 3, 2023 TeluguSuperNews Leave a comment

Telugu Super News,National, March 3rd, 2023: Kia India, one of the fastest-growing carmakers in the country, continues its growth momentum, registering 24,600-unit domestic sales in February 2023. The company recorded one of the highest growths of 35.8% compared to 18,121 units sold in the corresponding month last year. The Kia Sonet becomes the top contributor with 9,836-unit despatches, followed by the Seltos with 8,012-unit sales. Marking its one-year launch in India, Carens kept its performance steady, with sales of 6,248 units in the last month. The Carnival, too, maintained its healthy performance with the contribution of 504 units to Kia India’s February sales figure.

Celebrating one year of the launch of Carens, the company has sold 76,904 units of the model, at an average of almost 6,000 units a month. The fourth product from the company’s stable, the Carens, has established itself as a compelling value proposition for modern Indian families, packing the sophistication of a family mover and the sportiness of an SUV in one. The vehicle disrupted the family mover segment in the country and gained instant popularity right after the launch, which it has maintained ever since. In CY2022, the Carens registered 62,756 unit sales, and was among the top 10 UVs sold in the year.

Commenting on the sales numbers, Hardeep Singh Brar – National Head, Sales & Marketing, Kia India, said, “With continued support from our esteemed customers, Kia has recorded another successful sales run in the month of February. Achieving 35.8% growth against the industry’s growth of 10% shows the love and confidence the Indian consumers have for the brand. Our continued efforts to delight customers reflect in our sales figures every month across our product offerings. Kia India is known for developing products that create benchmarks in their segment and the industry, and the Carens is another example. We developed Carens sighting the need gap in the family mover segment, making it exciting with striking design, practicality, and comfort along with fun to drive element.“

Kia has become a formidable force in the Indian automobile industry and has consistently been featured in the top 5 automakers list with five class-leading products in the portfolio. Since its inception in August 2019, the brand has sold more than 6.75 lakh units of cars in the domestic market and exported 1.9 Lakh in 95 countries. The rapid adoption of Kia cars reiterates the evolving customer preference towards a technology-led exceptional driving experience.

Kia India registers 22,322 units of domestic sales in August 2022, with Y-o-Y growth at 33.27%

September 8, 2022 TeluguSuperNews Leave a comment

Kia India, one of the fastest-growing carmakers in the country, clocked 22,322 units of sales in August 2022, reporting year-on-year growth of 33.27% over the corresponding month last year. Continuing its healthy performance, the company retained its position on the 5 bestselling carmakers list. The Seltos led Kia India’s healthy performance in the month with 8,652 units, followed by the Sonet, Carens and Carnival with 7,838, 5,558 and 274 units, respectively. Indicating improved market sentiment, the company sold 1,66,167 units in the domestic market in the first 8 months of CY22, 29% higher than the same period last year, much more than industry growth of approximately 17%.

Kia India registers 22,322 units of domestic sales in August 2022, with Y-o-Y growth at 33.27%

Notably, the company has sold over 1,20,000 Seltos, and Sonet combined in the first 8 months of the year, wherein Seltos has contributed with 65,513 units and Sonet with 55,740 units. The Carens has also kept its healthy momentum, with a contribution of 42,489 units at an average of over 6,000 units each month since its launch. Combining exports with its domestic sales, the company has crossed the 2.20 Lakh cumulative sales mark this year. Remarkably, Kia India has recorded its highest ever monthly export figure, dispatching over 8,100 units in global markets in August 2022.

Commenting on the performance, Hardeep Singh Brar, Vice President and Head of Sales & Marketing, Kia India said, “We have been observing upward sales momentum since the beginning of this year, and it is a good sign for the Indian automotive market. Comparing the quarters, our monthly average so far for Q3 of 2022 stands at 7.8% over Q2 and 10.9% over Q1 of this year, indicating gradual improvement in supply chain constraints and healthy consumer sentiment. With the demand and supply curve staying positive, we are optimistic that an excellent festive season in terms of sales is ahead of us.”

He further added, ” Intending to provide a more enhanced, premium, and exclusive product experience to our customers, we have also launched the Sonet X Line earlier this morning. In order to inject fresh enthusiasm in our customers, we have recently launched a refreshed version of Seltos with six airbags as standard fitment, making it the only SUV in the segment offering the safety feature.”

August 2022 marked the 3rd anniversary of Kia in India. In this short span of time, the company has surpassed numerous milestones and set several benchmarks for the industry. The company has sold over 5.3 Lakh vehicles in domestic markets, attaining over 6% market share in 3 years of its India journey. Last month, the company also celebrated the 3-lakh sales milestone of its maiden product Seltos and became the fastest SUV in its segment to attain the milestone within just three years of its launch. Cumulatively, the company has dispatched over 6.5 lakh units since the start of its sales operations in India.