Seltos powers Kia India exports with 70% of 150,000 units
While the Seltos with 106,002 units accounts for the bulk of exports till end-August 2022, the Sonet has contributed 27%; 3,030 units of recently launched Carens MPV also shipped abroad.
For Korean carmaker Kia, India has turned out to be a strong growth driver for both its Indian as well as for its global export market programme. Since its market entry in India in August 2019, Kia India has sold a total of 533,482 units. At present, the company, which has five products – the Seltos midsize SUV, Sonet compact SUV, Carnival and Carens MPVs and the EV6 – has a passenger vehicle market share of 7.14% and a utility vehicle market share of 14.39%.
One of the major attractions for any vehicle manufacturer in India is to deploy the make-in-India ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
TVS increases scooter market share to 24% with half-a-million units in April-August
With 523,458 units, TVS Motor Co records best-ever scooter sales in the first 5 months of a fiscal and also substantiall...
Maruti Suzuki strengthens its grip on car exports in H1 FY2023
Having shipped 131,070 units in April-September 2022, Maruti Suzuki India accounts for 41% of total made-in-India vehicl...
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
India’s commercial vehicle market is back in growth mode. While M&HCVs are up 88%, LCV demand has grown by 59%. An in-de...