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Saturday, June 22, 2024

KIA increases costs for all cars except for its top-selling model.

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With the exception of KIA Sportage, all Kia vehicles have seen price increases from Lucky Motor Company Limited (LMCL). The corporation hasn’t given a particular justification for the price increase. Even if it is currently trading at Rs. 261, the US Dollar is presently largely constant, suggesting that currency volatility isn’t the cause of the increase.

ModelOld Price (Rs.)Revised Price (Rs.)Increase (Rs.)
Picanto Manual3,228,0003,300,00072,000
Picanto Automatic3,430,0003,550,000120,000
Stonic EX4,842,0004,900,00058,000
Stonic EX+5,295,0005,400,000105,000
Sorento FWD8,472,0009,000,000528,000
Sorento AWD9,000,0009,178,000622,000
Sorento V69,178,0009,800,000622,000
Grand Carnival15,129,00015,650,000521,000
KIA New price hike 2023

Kia raised the Sportage’s price by up to Rs. 239,000 last week. Its price increase’s cause was also a mystery.

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