Kia, the amazing Korean manufacturer that turned the Indian car market upside down when it entered India, has become more expensive than usual. It seems that the cars in the Kia stable will have a price hike or price increase of Rs. 40,000-1 lakh, depending on the model. The price hike is applicable to all models except for the Kia Carnival, which is priced from Rs. 30.99 lakh onwards.
Kia India has shared the details of the latest price hike across its entire lineup including the Sonet-Seltos SUV duo. The price increment is also applicable to its CBU electric offering, the EV6. As announced earlier, the upward revision in prices has been initiated to offset rising commodity and transportation costs, so that the company can break even and the company can be profitable enough to stay in the Indian market. So, it is the rising transport costs that is causing the hike. Now, that’s sad.
New Price Hike
So, here are the increased prices, that you might have to take into consideration when buying your favorite Kia vehicle. Kia has hiked prices of the Sonet by up to Rs 40,000.The Carens, has become pricier by up to Rs 45,000.Prices of the Seltos have been increased by up to Rs 50,000.The EV6 gets the maximum increment of a whopping Rs 1 lakh. Prices of the turbo-petrol variants of the Sonet have been hiked by Rs 25,000 while the sub-4m SUV’s diesel trims have become costlier by Rs 40,000. The select few variants with the 1.2-litre petrol engine get the smallest hike of Rs 20,000. Prices of the Seltos’ turbo-petrol variants have gone up by Rs 40,000 while the other petrol option has gotten costlier by only Rs 20,000. Kia has hiked prices of the diesel variants of the compact SUV by Rs 50,000. The price hike might not seem like much but you might have to plan accordingly and take everything into consideration before buying your dream car. It seems, from this, that transportation is the cause for it.