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Prices for new KIA vehicles increase by Rs500,000

by News Publishing
May 9, 2023
in Business
Reading Time: 1 min read
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Prices for new KIA vehicles increase by Rs500,000
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Kia Lucky Motors has raised Kia car pricing even again without providing any explanation in the circular.

The manufacturer praised its dealers for their assistance and stated that the increased rates will go into effect on May 6, 2023.

Kia increased the prices of its Sorento and Carnival minivans and SUVs. Here is the most recent automotive pricing.

Due to a Rs. 360,000 price increase, the Sorento 2.4L FWD now costs Rs. 10,400,000 instead of Rs. 10,040,000.

Similarly, the Sorento 2.4L AWD cost Rs. 10,890,000 a few days ago. It is currently Rs. 11,300,0000. This is a stunning difference of Rs. 410,000.

Last but not least, the Sorento 3.5L FWD now costs Rs. 11,390,000, up from Rs. 10,890,000 for the Sorento 2.4L AWD. It has also increased by Rs. 500,000.

The KIA Grand Carnival Executive’s price has risen by Rs. 500,000 from its previous price of Rs. 16,250,000.

Following the sharp depreciation of the local currency against the US dollar, some automakers raised their pricing. Aside from the currency depreciation, the government imposed massive tariffs on the automobile industry, resulting in yet another round of price increases.

Tags: Kialatest
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