Kia Motors Corp

900 Kia car engines stolen in Andhra Pradesh over 5 years, police probe

As many as 900 Kia car engines were allegedly stolen in Sri Sathyasai district, prompting the South Korean company to lodge a complaint with the police, said an official on Tuesday. Kia runs a car manufacturing plant at Penukonda in Sri Sathyasai district, where police believe the engines theft began nearly five years ago. The company filed a police complaint on March 19. It (engine thefts) started in the year 2020. It has been a continuous process, nearly five years. We will go deep into the investigation, Penukonda sub-divisional police officer Y Venkateshwarlu told PTI. According to Venkateshwarlu, a preliminary probe has confirmed the theft of 900 engines. He observed that the engines were stolen on the way to the manufacturing plant and also from inside. Police are suspecting that the massive theft is an inside job', prompting them to direct their probe towards the past and current employees of the car manufacturer. Not outsiders, it is from within. Not even a small piece wil

Kia India to hike car prices by up to 3% from April to offset input costs

Kia India on Tuesday said it will hike vehicle prices up to 3 per cent from April in order to offset the impact of rising input costs. The price hike, effective from April 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs, the automaker said in a statement. "As a brand committed to providing exceptional value and quality to our customers, we have always strived to offer the best vehicles at competitive prices," Kia India Senior Vice President (Sales and Marketing) Hardeep Singh Brar said. However, due to the rising costs of commodities and input materials, the automaker will be increasing up to 3 per cent price across all models, effective from April 1, he added. "While we understand that price adjustments can be challenging, this decision has been made to ensure we can continue delivering the high-quality, technologically advanced vehicles that our customers expect from Kia," Brar said. To minimise the impact on the customers, Kia is .

Kia, JSW MG Motor Feb sales up 23.8%, 16.3%, Tata Motors sees 8% dip

Automaker Kia India on Saturday reported a 23.8 per cent rise in total sales at 25,026 units in February compared to 20,200 units sold in the same month last year. The recently launched compact SUV Syros registered sales of 5,425 units in February with over 20,000 bookings, Kia India said in a statement. SUVs Sonet and Seltos clocked 7,598 and 6,446 units respectively while MPV Carens registered 5,318 units and Carnival Limousine had sales of 239 units last month, it added. "Kia India continues to grow steadily, driven by strong customer demand and our commitment to delivering cutting-edge mobility solutions...With a diverse and evolving product lineup, Kia India continues to respond to market demand with agility and precision," Kia India Senior Vice President and Head of Sales and Marketing, Hardeep Singh Brar said.

Kia challenges $14 million tax demand by India over trade treaty benefits

The 101-page, July 2023 tax notice alleges the company used incorrect tax declarations for imports such as engine and door control units between 2019 and 2022

Govt issues notice to Kia for $155 mn tax evasion, company denies charges

Tax officers sent a confidential notice to Kia's Indian unit in April 2024, flagging alleged tax evasion of Rs 1,350 crore

Kia to launch two locally manufactured EVs in India, starting this year

Kia India is planning to launch the electric derivatives of the Kia Carens MPV and Syros subcompact SUV, one of which will be launched in 2025

Kia Syros debut: A premium subcompact SUV that redefines space and comfort

The new Kia Syros is positioned between the Sonet and Seltos, offering more space on the inside like compact SUVs along with a well-loaded cabin with the latest tech and creature comforts

Kia India aims for 20% sales growth in 2025 driven by new launches

In 2024, the company expects its sales to remain at similar levels to those recorded in 2023

Raising taxes on EVs will make electrification path difficult: Kia India MD

Increase in tax on electric vehicles will make it difficult for the electrification journey of the Indian automotive industry, Kia India Managing Director and CEO Gwanggu Lee said on Thursday. The company, which unveiled its new company SUV Syros, is looking at around 17 per cent sales growth next year at 3 lakh units as compared to 2.55 units expected this year. A big burden for EVs is still the high price, Lee told PTI here in an interaction. "So without any tax incentive from the government it is very difficult," he said when asked about the impact on possible increase in tax on EVs. New EVs at present attract 5 per cent GST. There has been speculation that the GST rate on used EVs, currently taxed at 12 per cent, may be reclassified into the higher 18 per cent tax slab. Kia India currently sells two EV models -- EV6 with price starting at Rs 60.96 lakh and EV9 tagged at Rs 1.3 crore. Lee cited the example of Canada where sales of EVs crashed when the incentives on EVs were .

Kia, Tata Motors announce price hikes from Jan due to rising input costs

Maruti, Hyundai and Mahindra & Mahindra (M&M) have already announced to increase prices

Kia India total wholesales increase 17% in September to 23,523 units

Kia India on Tuesday said its total wholesales increased 17 per cent year-on-year to 23,523 units in September. The automaker had dispatched 20,022 units to dealers in September 2023. "Our continuous exceptional sales performance is driven by the overwhelming response from customers during the festive season of Ganesh Chaturthi and Onam," Kia India Senior Vice President and National Head of Sales & Marketing Hardeep Singh Brar said in a statement. The automaker has also prioritised expanding touchpoints, ensuring that mobility solutions are accessible to all customers across the country, he added.

Kia India to increase prices of vehicles by up to 3% from April 1

Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a statement. It marks the first price adjustment by the company this year, Kia India said. Commenting on the development, Kia India National Head Sales and Marketing Hardeep Singh Brar said the company consistently strives to deliver premium and technologically advanced products to customers. "However, due to the continuous increase in commodity prices, adverse exchange rate and rising input cost, we are compelled to implement a partial price hike," he added. The company is absorbing a significant portion of the increase, allowing customers to continue driving their favourite Kia cars without a major dent in their pockets, Brar stated. Kia has sold almost 1.16 million units in India and overseas .

Kia recalls 4,358 units of Seltos to replace electronic oil pump controller

Kia India on Friday said it is voluntarily recalling 4,358 units of a petrol variant of its mid-sized sports utility vehicle Seltos to replace the electronic oil pump controller. The company is recalling Smartstream G1.5 Petrol Seltos with IVT transmission, manufactured between February 28 and July 13, 2023, the South Korean automaker said in a statement. The recall has been prompted by a potential error in the electronic oil pump controller, which may impact the performance of the electronic oil pump in the specified transmission variant, it added. The company said it has informed the Ministry of Road Transport & Highways (MoRTH) about the voluntary recall initiative. Since the safety of car owners is a top priority, the company is proactively replacing the electronic oil pump controller in the affected units for a seamless ownership experience, the statement said. The automaker will directly reach out to the owners of the vehicles concerned to update them about the voluntary ...

Kia India appoints Gwanggu Lee as MD and CEO, succeeds Tae Jin Park

Kia India on Tuesday said it has appointed Gwanggu Lee as the new Managing Director and CEO with immediate effect. Lee succeeds Tae Jin Park, who retires after a 36-year journey with Kia Corporation including a four year stint with Kia India, the automaker said in a statement. Lee has held leadership positions in various capacities in both developed and developing economies, including roles in the US, Canada, Italy, Mexico, Kia Headquarters in Central and South America, and Kia Europe Headquarters in Germany. His recent role as President at Kia Mexico played a pivotal role in the company's substantial growth and establishment as a production and export hub, the company said. With two segment-breaking updates -- the new Seltos and the new Sonet, and a host of more innovative products on the way, Kia India is surely on the right path to sustainable business growth, Lee stated. "My vision is to unlock the next phase of growth through inspiring Kia brand experiences thereby creating m

Hyundai Creta facelift global debut in Jan, gets new 1.5 L turbo petrol

The new engine will come with the option of a seven-speed DCT or a manual gearbox and returns 160hp

Maruti eyeing bigger pie of global car market, aims to 3X exports by 2030

Maruti Suzuki reported its best-ever exports which reached 259,333 units for the financial year 2022-23

Hyundai, Kia recall 91,000 vehicles in US over damaged electrical component

The models that are likely to be recalled include Hyundai 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra, and Kona vehicles and 2023-2024 Seltos, 2023 Kia Soul, and Sportage

With Kia Seltos facelift in sight, dealers offer discounts to clear stock

To woo customers, dealerships are also offering additional accessories such as floor mats and decorative parts like chrome elements free of cost

Automaker Kia total wholesales increased 3% in May at 24,770 units

Automaker Kia India on Thursday said its total wholesales increased 3 per cent to 24,770 units in May. The company undertook a plant maintenance shutdown from May 15-20. It had dispatched 24,079 units to dealers in May 2022. While the overall domestic sales stood at 18,766 units, exports accounted for 6,004 units in May 2023. Sonet sales stood at 8,251 units last month, while Seltos and Carens dispatches stood at 4,065 and 6,367 units, respectively. The company also reported sales of 83 units of its electric offering EV6. "Although we faced some production limitations due to our plant annual maintenance shutdown for a week in May which impacted our numbers, we are confident of strong performance in coming months," Kia India National Head (Sales & Marketing) Hardeep Singh Brar said in a statement. The company is witnessing a growing demand for the iMT range, he added. "This month, iMT has contributed 38 per cent of our total sales," Brar said.

Kia Seltos facelift spotted in X Line variant, check design updates

Speaking of the exterior styling, the new Seltos is likely to get a redesigned grille up front, a new set of LED headlights with a split treatment along with a new bumper