KIA cuts car prices by up to Rs500,000, As the rupee made a significant recovery against the US dollar, Lucky Motor Corporation (LMC) announced a reduction in the prices of Kia vehicles.
In a statement, the automaker claimed that a range of cars’ prices had been decreased by up to Rs500,000.
The cost of the 3.5L FWD, 2.4L AWD, and 2.4FWD Sorento variants has been decreased by Rs500,000 each.
A price reduction on cars will be available to those who have paid in full.
KIA cuts car prices by up to Rs500,000, following are the revised prices:
| Model | Old Price | New Price | Difference |
| Picanto AT | 3,950,000 | 3,850,000 | -100,000 |
| Sportage FWD | 8,190,000 | 8,040,000 | -150,000 |
| Sportage AWD | 8,920,000 | 8,770,000 | -150,000 |
| Sportage Black Limited Edition | 9,650,000 | 9,300,000 | -350,000 |
| Sorento 2.4L FWD | 10,800,000 | 10,300,000 | -500,000 |
| Sorento 2.4L AWD | 11,700,000 | 11,200,000 | -500,000 |
| Sorento 3.5L FWD | 11,790,000 | 11,290,000 | -500,000 |
The new prices will come into effect from today, October 6, 2023.
The company said that “new/additional duties and taxes, if any, imposed by the government and applicable at the time of delivery will be borne by the customer.”
On the other hand, due to the potentially dangerous risk of engine fires, automakers Kia and Hyundai have jointly issued a recall for an astounding 3.37 million vehicles across the United States.
Before the required repairs are finished, owners are recommended to park their damaged vehicles outside and away from buildings.
The issue, according to the automakers, is related to internal brake fluid leaks that can result in electrical shorts and ultimately pose a fire risk.
Both automakers’ advice has been reiterated by the National Highway Traffic Safety Administration (NHTSA), which emphasizes that vehicle owners should follow safety precautions while their cars are getting the necessary repairs.
