Kia Corporation has announced its business results for Q3 CY2025, reporting its highest-ever revenue and sales volume for the period. The company's revenue reached KRW 28.69 trillion, up 8.2 percent YoY, supported by sales of electrified models and a higher average selling price (ASP).

The Korean automaker sold 785,137 vehicles globally, an increase of 2.8 percent YoY, marking the highest third-quarter sales volume. However, operating profit fell by 49.2 percent YoY to KRW 1.46 trillion, impacted by increased incentives and the full effect of U.S. tariffs.

The operating profit margin for the quarter stood at 5.1 percent. Net profit, including non-controlling interest, was KRW 1.42 trillion, down 37.3 percent from the previous year.

Sales of electrified vehicles (xEVs), including hybrid (HEV), plug-in hybrid (PHEV) and battery-electric vehicles (BEV), rose 32.3 percent YoY to 204,000 units.

HEV sales were the growth leader, rising 40.9 percent to 118,000 units, BEV sales increased 30 percent to 70,000 units, xEVs accounted for 26.4 percent of Kia’s global sales, up from 21 percent a year before.

The company’s wholesale performance outside of Korea grew by 1.4 percent to 647,128 units, driven by demand for hybrid models in North America. Wholesales in Korea increased by 10.2 percent to 138,009 units, supported by sales of recreational vehicles (RVs) and EV models.

Going forward, Kia anticipates that global trade uncertainties, including tariffs, will continue to pose risks to profitability in 2025. The company plans to sustain global sales momentum by offering more hybrid models and accelerating its growth through a full EV lineup.

For the Korean market, Kia will aim to expand sales through hybrid models for RVs and entry into the new segment with its first pickup truck, Tasman. Global EV expansion will continue with upcoming models such as the EV5 and PV5. In India, the company will maintain sales momentum with the Syros SUV, launch the redesigned Seltos SUV and strengthen its dealer network.

Comments (0)

ADD COMMENT

Link Copied!

Czech automaker Skoda Auto India has added two dual-tone colour options, Shimla Green and Steel Grey, to the Slavia Monte Carlo range. The limited edition is restricted to 200 units and will be available in the 1.0 AT and 1.5 DSG variants.

The Monte Carlo version features blacked-out exterior styling elements and a black and red interior theme. Customers can select between a 1.0-litre TSI engine paired with a 6-speed torque converter automatic transmission and a 1.5-litre TSI engine paired with a 7-speed DSG. The 1.5-litre unit includes Active Cylinder Technology and Plasma-Coated Cylinder Liners.

Ashish Gupta, Brand Director, Skoda Auto India, said, “The Slavia Monte Carlo has been well received by customers for its distinctive design, premium appeal, engaging driving dynamics and strong connection to our motorsport heritage. We are further enhancing the individuality and desirability of the Monte Carlo range, offering customers greater choice and exclusivity. The Slavia Monte Carlo continues to embody the perfect blend of style, performance, and modernity. We will continue to strengthen our sedan portfolio, in line with the evolving aspirations of our customers.”

The Monte Carlo trim pays homage to Skoda's involvement in the Rallye Monte Carlo.

Comments (0)

ADD COMMENT

Link Copied!

Stellantis-owned French automotive brand Citroen India has announced the launch of the Basalt X Comfort Edition, priced from INR 875,000.

The new edition is introduced as part of the brand's 108th anniversary celebrations and marks the extension of Citroen’s Comfort philosophy to the Basalt lineup.

The Basalt X Comfort Edition features Metropolitan Beige Leatherette Seats as standard and introduces curated Comfort AXS Packs. These packages include equipment such as JBL Audio, dash cameras, a reverse parking camera, a wireless charger and a 10-inch Android touchscreen.

Kumar Priyesh, Business Head & Director – Automotive Brands, Stellantis India, said, "At Citroen, comfort has always been at the heart of everything we do. As we celebrate Citroen's 108th anniversary globally, the introduction of the Basalt X Comfort Edition further reinforces our commitment to bringing comfort-led innovation to Indian customers. Following the encouraging response to the Aircross Comfort Edition, we are extending this philosophy to the Basalt, making premium comfort features more accessible across our portfolio. The Basalt X Comfort Edition combines premium factory-fitted interiors with thoughtfully curated Comfort AXS Packs that enhance convenience, technology and personalisation – delivering greater value and an ownership experience that truly reflects Citroen's Advanced Comfort philosophy."

Comments (0)

ADD COMMENT

Link Copied!

Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has announced that its myHyundai app provides access to over 30,000 EV charging points across India through partnerships with Charge Point Operators (CPOs).

The platform offers charging facilities within an average radius of 25 km across highways and cities. In addition to the partner network, Hyundai Motor India operates 183 DC fast-charging stations across 105 cities, with plans to expand to 600 stations by 2030. The company's charging stations are open to electric vehicles of all brands and offer capacities ranging from 60 kW to 240 kW.

Tarun Garg, MD & CEO, HMIL, said, “With charging infrastructure being a key catalyst for EV adoption in India, Hyundai Motor India is committed to creating an ecosystem that makes electric mobility practical, convenient and accessible to all. Through the integration of over 30,000 charging points on the myHyundai app, we are empowering EV users with one of India's largest charging networks accessible through a single platform. Importantly, the platform is open to EV owners across brands, reinforcing HMIL’s commitment to developing India's broader EV ecosystem. HMIL will more than triple its proprietary DC fast public charging network from 183 stations today to 600 stations by 2030, bringing India's charging infrastructure closer to global benchmarks.”

The myHyundai app provides features for location discovery, navigation, advance booking, and digital payment. Since January 2023, HMIL-owned charging services have supported over 300,000 EV users, delivered more than 5 million kWh of energy, and contributed to saving 3.5 million kg of CO2 emissions.

Hyundai Motor India plans to enter the mass-market electric vehicle segment with the introduction of an e-SUV within the current financial year.

Comments (0)

ADD COMMENT

Link Copied!

Italian supercar maker Ferrari has introduced the Amalfi Spider in India through a series of showcase events in Mumbai, New Delhi and Bengaluru.

The vehicle, a 2+ spider powered by a front-mid-mounted twin-turbo V8 engine, is being presented to customers and enthusiasts as part of its regional launch. The first event took place in Mumbai, hosted by official distributor Navnit Motors. Subsequent events in Bengaluru and New Delhi were hosted by Select Cars.

The Amalfi Spider features a soft-top roof that opens in 13.5 seconds and can be operated at speeds of up to 60 kmph. When folded, the roof occupies 220 mm of space, leaving luggage capacity of 255 litres with the roof closed and 172 litres with the roof open. The roof is constructed from five layers of fabric to provide insulation.

The Amalfi Spider is powered by a 640 hp turbocharged V8 engine. The interior layout features a dual-cockpit design, a steering wheel with buttons, a start button and a central display. The 2+ configuration includes rear seats and it is equipped with an integrated wind deflector. The design includes an active spoiler, forged wheels and carbon fibre elements.

Comments (0)

ADD COMMENT

Link Copied!