Kia busts recession myth and sells a record 12,850 units in October 2019

In a car market that has of late been witnessing some severe downturn, there is good news from the Kia  Motors India stable which recorded sales of 12,850 units for its Seltos SUV during the festive season. 

The company’s maiden product for India, the Seltos SUV saw great sales in the month of October 2019 amid the overall industry slowdown. In pure revenue terms, the sales would have fetched the company anywhere around Rs 1500 crore overall.  

The ex showroom price of a Kia Seltos vehicle ranges from Rs 9.69 lakh to Rs 15.99 lakh (ex showroom).

 The prices of Kia Seltos are as follows:

Since its launch in August 2019, Kia has sold 26,840 units of Seltos in less than 70 days. With these impressive sales figures, the company has become India’s 5th largest auto manufacturer.

In achieving this feat the Seltos has not only overtaken many established and newly launched SUVs in different segments but also led the way in addressing the unmet needs of the Indian car-buying customers by surpassing customers’ expectations in all areas. Kia Motors India has already received over 60,000 bookings for the Seltos till now and to ensure the timely and seamless delivery Kia has started the 2nd shift to ramp up the production at its state-of-the-art production facility in Anantapur.

The company also shared that it will not close the bookings as the brand’s plant is fully capable of meeting the rising demand for the Seltos. The Korean automaker is elated to see such a strong demand for its product and has ambitious plans for the Indian market going forward.

 Kia makes the Seltos at its manufacturing facility in Anantapur District in Andhra Pradesh. Construction of Kia Motors’ first manufacturing facility in India has been completed and commenced the mass production in August 2019. The manufacturing facility has an annual production capacity of approximately 300,000 units.