Kia announces up to 3% price hike across the product-line from 1st April 2025
Kia is absorbing a significant portion of the increased costs, ensuring that the price adjustment remains as manageable as possible for our valued customers, to minimise the impact on our customers.
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Kia India has announced up to 3 per cent price hike across its entire lineup. The price hike, effective from April 1st, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs.
Commenting on the price adjustment, Hardeep Singh Brar, Sr. Vice President, – Sales and Marketing, Kia India said, “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.
However, due to the rising costs of commodities and input materials, we will be increasing upto 3% price hike across all Kia models, effective from 1st April 2025. 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.
Kia is absorbing a significant portion of the increased costs, ensuring that the price adjustment remains as manageable as possible for our valued customers, to minimise the impact on our customers.
Kia has sold 1.45 million units in India and overseas markets combined to date. Its best-selling innovation, Seltos, has surpassed 690,000-unit sales, followed by Sonet with over 500,000 units, Carens over 232,000 units and Carnival with over 15,000 units.
Tax demand notice
Recently Kia India received a tax demand notice from the authorities over component imports even as the automaker has denied any wrongdoing noting that it has filed a "detailed response" regarding the matter.
As per industry sources, the tax authorities have slapped the automaker a notice to the tune of USD 155 million for wrong declaration of imports of components for the assembly of its premium model Carnival.
When contacted over the issue, the automaker stated that as a responsible and law-abiding brand, it is committed to following all regulatory requirements in its operations.
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