Technology

Kia India reports 47% increase in July wholesales after big boost from Sertos

Kia India has a cumulative growth rate of 28% in 2021, well above the industry growth rate of 16%.

To:
HT Autodesk

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Date updated:
August 1, 2022, 18:40 pm

File photo of Kia Sertos

Kia India reported on Monday that its wholesale sales in July increased by 47% to 22,022 units compared to 15,016 units shipped in July 2021. Seltos7,215 units sonnet5,978 Currence and 288 carnivalThis year, the South Korean automaker’s India sector will outperform the industry with a cumulative growth rate of 28% in 2021, well above the industry’s 16% growth rate.

The company has seen strong customer feedback on all its models. “The incremental improvement of our supply chain and the continued love of our customers for our brand is gaining momentum. Kia growth in India,” said Hardeep Singh Brar’s Vice President and Head of Sales and Marketing.

(Please also read: multi sale | | hyundai sales | | toyota sales | | Mahindra sale)

To cope with the long waiting period for models, Kia India has been operating its production facilities at full capacity since February 2022.

In another development, Kia India has achieved a major milestone of selling 5 million vehicles in the country since its debut in 2019 with the Seltos SUV.The company’s latest 3-row model Currence helped the automaker reach milestones earlier than expected. Carens has boosted sales of his Kia in the past five months since its launch in February, helping it sell its final million units in less than five months.

Kia India is one of the fastest growing automakers. Mahindra Mahindra will become the fourth largest automaker in the country. Kia’s sales growth can be attributed to its first and best-selling model in India, the Sertos.

First issue date: August 1, 2022 at 16:26 PM

https://auto.hindustantimes.com/auto/news/with-major-push-from-seltos-kia-india-reports-47-rise-in-wholesales-in-july-41659349291401.html Kia India reports 47% increase in July wholesales after big boost from Sertos

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