Kia Motors India

Kia Motors India Private Limited is a subsidiary of Kia Motors for its operations in India. The company was founded on 19 May 2017[2] following an announcement of the construction of a new 536-acre manufacturing facility in Anantapur District, Andhra Pradesh. The plant started its trial production in January 2019[3] and the mass production of its first product, the Kia Seltos started on 31 July 2019.[4] The US$ 2 billion manufacturing plant is capable of producing 300,000 vehicles annually.[5]

Kia Motors India Pvt Ltd
TypeSubsidiary
IndustryAutomotive
Founded19 May 2017 (2017-05-19)
HeadquartersAnantapur, Andhra Pradesh, India
Key people
Kookhyun Shim (CEO)
ProductsAutomobiles
Production output
57,719 (2019)[1]
ParentKia Motors
Websitewww.kia.com/in/

Products
Kia Seltos

Kia Motors India is producing several models that was developed specifically for the Indian market, namely the SP2i version of the Seltos and the sub-4 metre SUV Sonet.[6] The plant also manufactures the Kia Carnival exclusively for the domestic market. Within nine months of operations, in July 2020 the company announced that it has achieved a milestone of 100,000 vehicle sales.[7]

Current models

Statistics
Year Production Domestic sales Exports
2019 57,719 44,918 755

(Source: Kia Motors IR Library Sales Results)

References
  1. "Sales Results". pr.kia.com. Retrieved 2 October 2020.
  2. www.bloomberg.com https://www.bloomberg.com/profile/company/1555527D:IN. Retrieved 2 October 2020. Missing or empty |title= (help)
  3. India, Kia Motors. "Kia Motors Commences Trial Production at its Anantapur Plant in Andhra Pradesh". www.prnewswire.com. Retrieved 2 October 2020.
  4. "Kia Seltos' mass production in India to begin next week". www.timesnownews.com. Retrieved 2 October 2020.
  5. "Kia Motors | India Plant". www.kia.com. Retrieved 2 October 2020.
  6. "Kia Seltos Unveiled in India - Hyundai Motor Group TECH". tech.hyundaimotorgroup.com. Retrieved 2 October 2020.
  7. "Kia Motors India races to fastest 1 lakh sales ever with Seltos: Sonet coming soon". The Financial Express. 31 July 2020. Retrieved 2 October 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.