Kia Motors, one of the largest car maker in the South Korean market is all set enter the Indian car market with establishing a new manufacturing facility here, reported a leading news daily today. The company will initially mark its debut in the segment of compact cars, hatchbacks and entry-level sedans in India, and will enter the SUV segment after a few months, the news report further elaborates.
Currently, the European market accounts for the most of the sales of Kia Motors. But as countries like India and China are emerging as one of the fastest growing auto-markets, the company is switching its focus towards these Asian markets. The prospective cars which are expected to hit the Indian roads include company's best-selling vehicles in its domestic market like Forte and Rio. With this, Kia's popular hatchback Picanto and Proceed are also expected to make a debut in the Indian market.
While the prospective sedans of the company are speculated to be pitched against popular cars of this segment like Honda City, the hatchbacks will possibly compete against Hyundai i10 and Maruti Swift. Moreover, company's compact SUV's, Soul and Sorento would compete against popular utility vehicles of this segment like Mahindra Scorpio and Tata Safari.
Source:- Kia Motors to mark its debut in India market soon - New Cars
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Tuesday, June 22, 2010
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