With the commencement of the year 2011 a number of global majors are planning to enter India of which the most awaited brands are Ferrari , Proton, Mazda, Ssangyong and a few others and newest to the list of such anticipated manufacturers is Kia which is a part of Hyundai Group.
Michael Choo, Kia Motors spokesperson had stated “Kia Motors is only in the initial feasibility study stage and is contemplating whether to launch its cars in India” In fact some of the sources have informed that the company is sincerely working on its entry into our market.
For settling into India one has to look for a place and Kia is doing exactly the same as it is said to be figuring out pieces of lands near Hyundai’s Irungattukottai factory, located on Chennai’s outskirts. Apart from Chennai, Gujarat is also under consideration.
In June this year one of the South Korean daily had reported on Kia’s plans for the Indian market wishing to establish a plant worth a capacity of 300,000 units excepted to become operational by 2012. The company is conducting numerous studies to find feasibilities of its establishment in our market, as stated by one of the company official.
Kia Motors Line-Up In India
Small Car Engine Capacity (Litres) Estimated Price(Lakhs)
Kia Picanto 1.1 CRDI diesel/1.0 MPFI petrol Rs. 4
Kia Soul 1.6 CRDI diesel/1.6, 2.0 petrol Rs.8.48
Kia Rio 1.4 petrol/ 1.5 diesel Rs.5.95
Kia Venga 1.4 petrol/1.6 petrol/1.6 CRDI Rs. 7.87
Mid Size Car
Kia cee’d 1.4 petrol/1.6 petrol/1.6 CRDI Rs. 8.09
Kia Proceed (3 do0r) 1.4 petrol/1.6 petrol/1.6 CRDI Rs. 7.87
Kia Rio 1.6 petrol Rs. 6.5
Kia Forte 2.0 petrol, 2.4 petrol Rs. 15.2
Kia Optima 2.0 petrol, 2.4 petrol Rs. 20.58
Kia Sorento 2.4 petrol/2.0 CRDI/2.2 CRDI Rs. 20.11
Kia Sportage 2.0 petrol/2.0 Diesel Rs. 14.9
Kia Sedona 2.2 CRDI Rs. 15
Kia Carens 1.6 petrol/1.6 Diesel Rs. 10
Kia cee’d SW 1.6 petrol/1.6 CRDI Rs. 10.7