“Rising Costs Leave No Choice” – Kia to Increase Prices by Up to 3%
After Maruti & Tata, Kia Joins the List of Automakers Raising Prices Due to Higher Input Costs
🔹 Kia India to Hike Car Prices by 3% from April 1, 2025
Kia India has announced a price hike across its entire product range, citing rising commodity prices and escalating supply chain costs. The new prices will come into effect from April 1, 2025.
📌 Key Takeaways:
✔️ Price increase of up to 3% across all Kia models
✔️ Effective from April 1, 2025
✔️ Driven by rising input costs & supply chain challenges
💬 Hardeep Singh Brar, Senior VP – Sales & Marketing, Kia India:
“We are committed to offering the best vehicles at competitive prices. However, due to rising commodity and input material costs, we must implement a price increase of up to 3% across all Kia models.”
🔹 Why is Kia Raising Prices?
🚗 Key Factors Driving the Price Hike:
✔️ Surging raw material and manufacturing costs
✔️ Supply chain disruptions impacting production expenses
✔️ Increased regulatory compliance and logistics costs
🔍 Kia India has assured customers that it will absorb a significant portion of the rising costs to minimize the impact.
🔹 Kia’s Market Performance & Best-Selling Models
📊 Kia’s Sales Milestones:
✔️ 1.45 million units sold in India & overseas markets combined
✔️ Seltos: 690,000+ units sold – Kia’s best-selling innovation
✔️ Sonet: 500,000+ units sold – A strong performer in the compact SUV segment
✔️ Carens: 232,000+ units sold – Gaining popularity in the MPV space
✔️ Carnival: 15,000+ units sold – Targeting premium MPV buyers
Kia continues to expand its footprint in India, focusing on premium technology, innovation, and safety features across its models.
🔹 Automakers Across India Increasing Prices
📢 Kia is the latest carmaker to announce a price hike following similar moves by competitors:
✔️ Maruti Suzuki – Announced a 4% price hike across models, effective April 1, 2025
✔️ Tata Motors – Raising prices across passenger vehicles & EVs, while implementing a 2% hike on commercial vehicles
🚗 With rising operational costs affecting the entire industry, car buyers may face increased costs across multiple brands.