Kia, a dynamic carmaker, has been making impressive strides by exporting 200,000 units to 95 countries. The company’s outstanding performance is largely attributed to its best-selling product, the Seltos. Although, other products such as Sonet and Carens have contributed to the sales of the brand. The immense response resulted in achieving a big milestone in Q1 of 2023.
Analysis of export information
In the first quarter of 2023, the Seltos accounted for 28% of Kia’s total sales in India, with 10,295 units. The highest dispatch number achieved by the brand is 9462 units in December 2022. Moreover, the Seltos dominated the global market, representing 68% of the brand’s overall dispatches, with 135,885 units sold worldwide.
Kia continues to demonstrate its success with an impressive quarter-on-quarter export growth of 22% compared to last year. Furthermore, the company concluded the financial year 2022-23 with a sales growth of 44%. The company’s rapid growth and strong performance are a testament to the brand’s unwavering commitment to excellence and innovation.
Official Statement
Myung-sik Sohn, Chief Sales & Business Officer, Kia India said, “We are proud to showcase the manufacturing prowess of our next-gen Anantapur facility to the world by making, innovating, and investing in India and contributing to Government’s vision. This also showcases how India, as a manufacturing hub, is ready to cater to the growing demand for SUVs globally. Kia Seltos has always been a best-selling product innovation and continues to maintain its winning reputation even in its 4th year. We are thankful to all the customers who have loved our products in Indian and global markets. This milestone will further inspire us to innovate and lead the trends in the automotive industry while keeping our customers at the heart of everything we do.”