Kia announces price hikes from the upcoming financial year.
The price will be increased by up to 3% across their entire product range.
The decision comes as a response to the escalating costs of raw materials and ongoing supply chain challenges.
Kia India has announced a price hike of up to 3 per cent across all its vehicles starting April 1, 2025.
As per the Kia India, these decisions have been made to adjust to the rising supply chain costs and overall cost of production.
The price hike announcement comes at a time when Tata Motors has revealed plans to increase the prices of its passenger vehicles in the country. Moreover, Maruti Suzuki has already announced a price hike of up to 4 per cent for its cars.
Commenting on the price hike, Hardeep Singh Brar, Senior Vice President, – Sales and Marketing, Kia India stated, “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,” Brar said.
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