A part of the Hyundai Motor Group internationally- Kia Motors is all ready to set up shop in India by the end of 2018 or early 2019. According to reports online, the car maker has signed an MOU with the Andhra Pradesh government which allows it to build a factory in the state.
Hyundai has been doing well in our market off late and its compact SUV- Creta has been crunching some really great numbers for the Korean carmaker. Timely updates have also been given to the Xcent and the Grand i10 to keep them afresh and alive.
The intitial hit products from the brand in India will be a compact SUV and a compact sedan. Special emphasis will be laid on the fact that Kia does not end up eating into the sales of its parent company Hyundai.
Hyundai is a brand which has been known for its design philosophy and Kia Motors falls under the same bracket. Hyundai will basically target the younger audiences with the launch of this new sub brand. Stay tuned to the wheelz for more such updates and subscribe to Exhibit Magazine on magzter.