Kia India crosses 10 lakh units cumulative production milestone
Kia India on Thursday said it has crossed 10 lakh production milestone in the country with the roll out of a unit of its newly unveiled upgraded flagship SUV Seltos.
Kia India on Thursday said it has crossed 10 lakh production milestone in the country with the roll out of a unit of its newly unveiled upgraded flagship SUV Seltos. The company commenced mass production in August 2019 from its Anantapur facility in Andhra Pradesh that has an annual production capacity of approximately 3 lakh units.
"I feel that the future is bright for Kia India, and the new Seltos marks the beginning of an exhilarating chapter as we continue to drive towards automotive excellence in the Indian market," Kia India Managing Director and CEO Tae-Jin Park said in a statement.
Kia entered the Indian market with the launch of the Seltos in August 2019 and crossed 5 lakh units cumulative sales milestone in 46 months. So far the SUV has crossed total sales of 5.3 lakh units, according to the company.
The company also said it will open bookings of the new Seltos from July 14 online as well as from its dealerships at Rs 25,000.
"We are confident that the new Seltos will carry on the baton of Kia's growth journey similar to the current Seltos," Park said.
The new Seltos comes with all new interiors and various safety features including level 2 advanced driver assistance systems. The model is powered by 1.5 litre petrol and diesel powertrains mated with manual and automatic transmissions.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.