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The two former employees are yet to be formally charged with any offence, but have been named as accused in the investigation, which is still in initial stages.
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The company had dispatched 15,016 units in July 2021. The automaker sold 8,451 units of Seltos and 7,215 units of Sonet last month.
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Leading caramakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production.
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The country's largest carmaker Maruti Suzuki India (MSI) said its domestic dispatches in March declined 7 per cent to 1,43,899 units from 1,55,417 units in the year-ago period.
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The auto sale figures come at the backdrop of FM Sitharaman announcing measures to enhance the EV ecosystem in India.
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Behind our strong preference for SUVs lie notions of security, upward mobility and the growing need for space. But do SUVs truly represent the pinnacle of practicality and comfort? Or is there a better alternative?
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The auto company appears to have lost its way, with nimbler rivals eating into its share
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Hardeep Singh Brar, who brings over two decades of experience in the automotive industry, will be responsible for enhancing the automaker’s position in the Indian market and for enabling the next wave of growth, Kia Motors India said in a statement.
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The recall comes after the National Highway Traffic Safety Administration began investigating Kia and Hyundai engine fires in 2019.
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Reuters had in December reported that Apple is moving forward with self-driving car technology and is aiming for the production of a passenger vehicle in 2024.
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Kia Motors Corp. jumped as much as 14.5 percent after the reports.
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The introduction of the new logo represents the South Korean automaker’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business, Kia Motors said in a statement.
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One out of two Kia cars sold in India is a connected car, which is equipped with the company's UVO connect system, an advanced and dynamic solution that seamlessly integrates smartphone or smartwatch with the car and its infotainment system into a single unit, Kia Motors India said in a statement.
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The upward trajectory may not, however, be a smooth one as seen by stuttering auto retail sales in October and November
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Since the lockdown rules have eased significantly, a lot of us are itching to go out on a road trip. If you’re in the market looking for something that will help ferry the entire family, here’s a list we think could make that choice easier.
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Here is a look at all the important developments in the auto space this week
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The costs would include additional provision expenses related to the South Korean car makers' "Theta" engines, the companies said in separate regulatory filings.
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As the auto industry wakes up from the forced slumber of COVID-19, check out which cars were the most favoured by consumers in September. This is a list of top 10 most-selling cars in India in September.
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At the moment, Kia offers the turbo-petrol with two gearbox options, an automatic and an iMT. The iMT, Kia says, will be the transmission of the future.
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Ever since the launch of the Carnival and the Seltos, Kia Motors has been doing exceptionally well in India. The Seltos SUV has been posting in the top-10 best-sellers consistently over the past few months and the Sonet that was launched recently seems to be climbing up that ladder as well.
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Kia Sonet has been launched and despite the compact SUV segment being fairly overcrowded in India, the Sonet packs in features that make it a definite competitor.
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Though almost everything is known about Kia's latest launch - Kia Sonet - the prices will be released today.
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The announcement came hours after a news article claimed that the carmaker was bringing all new investments in India to a halt
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Soon after the lockdown was relaxed, there were some cars that emerged winners and managed to capture people's attention. Check out 10 cars that defied the odds and ended up as most-selling cars:
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The Kia Sonet is definitely a looker and with all the features piled up in the car, it makes for an interesting option in the compact SUV segment. The only thing remaining is the price.
