STOCK MARKET BSE NSE

Kia Sonet gets 50,000 bookings, demand robust for UV launches

Kia claims an average of two orders are placed every three minutes since it started accepting bookings for Sonet on August 20, 2020.

Published: 22nd October 2020 03:20 AM  |   Last Updated: 22nd October 2020 10:07 AM   |  A+A-

Kia Motors India is the company’s first compact SUV, Sonet

Kia Motors India is the company’s first compact SUV, Sonet

By Express News Service

NEW DELHI:  Demand remains robust for the newly launched utility vehicles (UVs) during the ongoing festive season.

Korean carmaker Kia Motors on Thursday announced that the company has received over 50,000 bookings for its compact SUV Kia Sonet in just two months.

Kia claims an average of two orders are placed every three minutes since it started accepting bookings for Sonet on August 20, 2020.

“This record booking number affirms its status as a game-changer by customers in the highly competitive compact SUV category... Despite challenging conditions caused by COVID-19 disruptions, Kia Motors India has not only delivered the Sonet as per promised timelines but has also ensured uninterrupted production at its Anantapur plant to meet enthusiastic customer demand,” the automaker said.

In September 2020, 9,266 units of the Sonet were dispatched, making it the leader of the compact SUV segment within 12 days of its price announcement and market launch. Compact UVs continue to
increase its presence on Indian roads due to its competitive pricing and aggressive push by automakers.

In recent months, the segment has seen launches by Mahindra & Mahindra, and Toyota Kirloskar, besides Kia. Japanese carmaker Nissan is expected to launch its compact SUV Magnite next month.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp