The move is aimed re-positioning itself as mobility solution provider
Their popularity suggests that the market has travelled beyond the search for value-for-money
The company refuses to give a launch timeline, says it is in talks with battery makers and suppliers to localise a large portion of manufacturing in order to bring the cost down
Hyundai is traditionally known for its reluctance to work with outsiders
Hyundai Motor Co said it is not in talks with Apple on autonomous electric vehicles, sending its shares skidding a month after it said it was in early-stage talks on cars with the tech giant
Employs 1,000 hands at factory and more staff at the dealerships towards this end. Plans to export the car to Indonesia and South Africa
The company, which has achieved success in India with models like Seltos and Sonet, is also focussing on enhancing the profitability of its dealer partners
The local arm of the Korean carmaker has been riding high on Sonet and Seltos in the domestic market in less than two years since it rolled out the first model
Kia is recalling nearly 295,000 vehicles in the US because the engines can stall or catch fire
The settlement covers recalls in 2015 and 2017 for manufacturing issues that could lead to bearing wear and engine failure
Carmaker defends mini SUV, says 'safety cannot be left to the opinion of any self-proclaimed party'.
Kia Motors India on Monday reported its highest ever monthly sales at 21,021 units in October, registering 64 per cent jump from the same period last year.
The 50,000 booking milestone by the model has been attained within two months of opening of bookings on August 20, it added
Buyers have been lapping up new model launches, show booking and sales trends
South Korean automaker Kia Motors is vying for the top slot in the high selling entry-level, mid-SUV segments in India with Seltos and Sonet generating robust volumes for the company, according to a senior company official. The company, which reported its highest-ever retail sales in the country in September, has already raced to number one position in the sub-four meter compact SUV segment last month with its newly launched model Sonet dominating the segment. Kia sold 9,266 units of Sonet in September thus getting the better of the likes of Hyundai Venue and Maruti Suzuki Vitara Brezza. Similarly, it sold 9,079 units of Seltos last month to take the second spot behind Hyundai Creta which sold 12,325 units. "We are now present in both SUV low and mid segments with Sonet and Seltos and we would be market leaders in both of them," Kia Motors India Vice-President & Head Marketing and Sales Manohar Bhat told PTI. Both the models are high on design and features and come with wide range
Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy
Automobile dealers expect manufacturers to support them in restarting their business and improving profits
South Korean auto major Kia Motors on Friday launched its compact SUV Sonet in India, priced between Rs 6.71 lakh and Rs 11.99 lakh (ex-showroom), marking its foray into the highly competitive segment
With the Sonet, the Hyundai subsidiary is hoping to replicate the successful debut it had with the Seltos
On the highway, it pulls along with ease and offers smooth commuter ride and drive experience, and also has little competition