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Kia India's achieved only 2.5% YoY sales growth in July 2024. Understand how the focus on popular models like the Sonet and Carens.
Kia India achieved a steady year-on-year (YoY) sales growth of 2.5% in July 2024, with a total of 20,507 units sold. This performance highlights Kia's ability to adapt to market trends and leverage the popularity of its key models, such as the Sonet, Carens, and Seltos, to maintain a positive market position.
Model | July'24 Sales | July'23 Sales | YoY% | June'24 Sales | MoM% |
Sonet | 9,459 | 4,245 | 122.83% | 9,816 | -3.64% |
Carens | 5,679 | 6,002 | -5.38% | 5,154 | 10.19% |
Seltos | 5,347 | 9,740 | -45.10% | 6,306 | -15.21% |
EV6 | 22 | 15 | 46.66% | 24 | -8.33% |
Total | 20,507 | 20,002 | 2.50% | 21,300 | -3.72% |
Total Exports: 2,500 units in July 2024.
Model | Export (July 2024) |
Seltos | 932 |
Sonet | 740 |
Carens | 833 |
Total | 2,500 |
Kia has shown strong market performance by achieving a 2.5% year-on-year growth in July 2024, even with market challenges. This success is largely due to their focus on popular models like the Sonet, which have been driving sales growth. Kia's steady export numbers also support their goal of expanding globally and building a strong international presence.
Looking forward, Kia India is set for more growth in the third quarter and the second half of 2024. They plan to keep up the momentum and grow their market share with clear strategies and attractive product offerings, paving the way for future success.
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