Given that the company has announced a new price increase for every model in its lineup, KIA Lucky Motors appears to be on a roll with these price increases. Prior to that, Hyundai announced a price increase for its vehicles for the second time in a week.
The straightforward notification from KIA contained the new, increased car prices along with a list of terms and conditions, but it made no mention of the cause of this onslaught of price increases.
KIA New Prices
KIA Picanto New Price
KIA
M/T used to cost Rs. 3,228,000 a few days ago but now costs a whopping Rs. 3,300,000.
KIA Picanto A/T, on the other hand, now costs Rs. 3,550,000 instead of Rs. 3,430,000.
KIA Stonic New Price
KIA Stonic EX now costs Rs. 4,900,000 instead of Rs. 4,842,000.
Whereas, KIA Stonic EX+ has a new price of Rs. 5,400,000 as compared to the old price of Rs. 5,295,000.
KIA Sorento New Price
KIA Sorento 2.4L FWD used to cost Rs. 8,472,000 but now costs Rs. 9,000,000.
Similarly, KIA Sorento 2.4L AWD had a price of Rs. 9,178,000 a few days ago. Now it costs Rs. 9,800,000. This is a difference of a whopping Rs. 622,000.
Lastly, KIA Sorento 3.5L FWD is now priced at Rs. 9,800,000, like Sorento 2.4L AWD.
KIA Carnival New Price
KIA Carnival GLS also faced a price hike and now costs Rs. 15,650,000 instead of the old Rs. 15,129,000.
What do you think of this back-to-back insane price hike? Within one month, KIA has increased the prices of all of its cars with huge margins. Share your thoughts with us in the comment section below!