Kia has managed to output more profit per car than Maruti and Tata combined. These are quite staggering numbers, especially considering the fact that Kia is just over 2 years old in India. Maruti Suzuki has been operating since more than 25 years in our market. Kia has already sold over 3 lakh units in India within the first two years of operations. The bookings that are still pending also run in the 50,000-mark which shows the immediate future of the brand. The Seltos and Sonet have been quite popular products in our market which is clear from these stats. Let us dive a bit deeper into the economics of these statistics.
Also read: Watch A Kia Own The MIGHTY Toyota Fortuner in Braking Comparison!
Kia More Profitable Than Maruti and Tata
According to the data, Kia makes Rs 91,390 operational profit per car compared to a mere Rs 45,810 for a Tata car. Also, interesting is the fact that the average cost of a car sold by Kia is Rs 10.43 lakh which is significantly higher than Maruti…