Korean carmaker records 147% YoY growth with 18,676 unit sales in September 2020
01 Oct 2020 | 3622 Views | By Autocar Pro News Desk
Kia Motors India has registered its highest-ever domestic sales since its entry into the Indian market, with 18,676 units in September 2020. The biggest contributor in the company’s sales, Kia Sonet which made its market debut on September 18, 2020, at prices starting at Rs 671,000, dominated the compact SUV ...
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Kia Motors India has registered its highest-ever domestic sales since its entry into the Indian market, with 18,676 units in September 2020. The biggest contributor in the company’s sales, Kia Sonet which made its market debut on September 18, 2020, at prices starting at Rs 671,000, dominated the compact SUV segment and recorded 9,266 unit sales in just 12 days. This debut performance in fact betters that of the Seltos, which has sold 9,079 units last month.
The speedy acceptance of the Sonet as well as the robust sales of the Seltos and Carnival indicates recovery of demand in the domestic market, ahead of the onset of festive season. With two dynamic products like Seltos and Sonet, Kia’s dominance in the UV category continues to grow.
Commenting on the surging demand for its products, Kookhyun Shim, MD and CEO, Kia Motors India said: “The Indian auto market is recovering at a better-than-expected pace and we are progressing as per our defined plan. Our third product and the first compact SUV in India, the Kia Sonet, has completely transformed its segment. The Sonet embodies Kia’s philosophy of ‘The Power to Surprise’ and that has shown resonance in the marketplace, as seen in the overwhelming response it has received from Indian customers. The sales of our other industry-leading products like Kia Seltos and Carnival are also encouraging, and with this strong product portfolio, we are confident of continuing the positive forward momentum.”
He further added, “We have been constantly elevating our production capacity to meet pre-COVID level of operations, and till now, have been successful in doing this too. This not only allows us to contribute to the revival of the Indian auto industry but also helps us bring notable growth for our business and bring down the waiting period of our vehicles.”
Kia Motors says it is confident of meeting rising demand from customers, with the festive season around the corner. Bookings for the Sonet continue to rise on a daily basis which stands over 35,000 units till now while there is a strong, consistent demand for the Seltos as well. Apart from domestic sales, Kia has also aggressive plans to make India an export hub with over 70 identified export markets, aiming to trade 50,000 units overseas within the next 12 months.
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