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

/2 min read

ADVERTISEMENT

Kia India says it is absorbing a significant portion of the increased costs, ensuring that the "price adjustment remains as manageable as possible".
Kia India to hike car prices by up to 3% from April
Kia Syros at Bharat Mobility Global Expo 2025. Credits: Sanjay Rawat

South Korean carmaker Kia India has announced up to 3% price hike across its entire lineup. The price hike, effective from April 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs.

Commenting on the price adjustment, Hardeep Singh Brar, Senior 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 up to 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. To minimise the impact on our customers, Kia is absorbing a significant portion of the increased costs, ensuring that the price adjustment remains as manageable as possible for our valued customers,” said Brar.

Fortune India Latest Edition is Out Now!

Read Now

With this, Kia joins bigger rivals like Maruti Suzuki and Tata Motors in rolling out price hikes starting next fiscal. Tata Motors on Tuesday announced its plan to increase prices across its passenger vehicle range, including electric vehicles, effective April 2025. This price adjustment is being undertaken to partially offset the impact of rising input costs, the automaker said, adding that the extent of the hike will vary depending on the model and variant.

On Monday, Maruti Suzuki revealed its plan to increase car prices from April owing to rising input costs and operational expenses. Maruti’s price hike is expected to be up to 4% and will vary depending on the model.

Kia has sold 1.45 million units in India and overseas markets combined to date. Its best-selling SUV 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.

In April 2017, Kia India signed a memorandum of understanding (MOU) with the State Government of Andhra Pradesh, India, to build a new manufacturing facility at Anantapur District. Kia commenced mass production in August 2019 and has an installed annual production capacity of 300,000 units.

Till date, Kia India has launched seven vehicles for the Indian market – the Seltos, the Syros, the Sonet, the Carens, the Carnival, the EV6 and the EV9. Kia India has completed almost 1.6 million vehicle dispatches from its Anantapur plant, including over 1.2 million domestic sales and over 3.67 lakh exports. With more than 4.5 lakh connected cars on Indian roads, it is among the connected Car leaders in the country. The brand has a widespread network of 725 touchpoints

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.