Thursday, December 19, 2024

Kia India bets on new models for a robust 2025

Kia India anticipates robust sales growth in 2025, driven by economic recovery and new models like the Syros compact SUV. Despite a flat 2024, the company projects 300,000 unit sales next year, banking on India's expanding middle class and the rising preference for SUVs, particularly in the compact segment. However, potential EV tax hikes pose a concern for market growth.

from Auto-Industry-Economic Times https://ift.tt/DaztRhf

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...