More than two weeks ago KIA suspended bookings of all of its locally manufactured cars until further notice. Now the company has decided to re-open bookings of its locally manufactured cars including Picanto, Stonic and Sportage.
On the surface, it seems like the bookings were suspended due to volatile market conditions, unstable local currency, changing political environment, and increased freight charges. A few days ago, we informed potential KIA car buyers to face another price increase. Now the bookings are resumed with the increased prices.
KIA Prices Increased Upto Rs.300,000
Unlike Toyota, which reopened bookings at old prices, KIA is taking new bookings only at new prices, effective from 18th April 2022.
Read more: Toyota resumed bookings of all of its cars
Here below are the new prices of locally manufactured KIA cars.
KIA Picanto Price Increase
| Model | Old Prices (Rs) | New Prices (Rs) | Price Difference (Rs) |
| Picanto M/T | 2,400,000 | 2,600,000 | 200,000 |
| Picanto A/T | 2,500,000 | 2,700,000 | 200,000 |
KIA Sportage Price Increase
| Model | Old Prices (Rs) | New Prices (Rs) | Price Difference (Rs) |
| Sportage Alpha | 5,000,000 | 5,300,000 | 300,000 |
| Sportage FWD | 5,500,000 | 5,800,000 | 300,000 |
| Sportage AWD | 6,000,000 | 6,300,000 | 300,000 |
Locally Manufactured KIA Stonic Price Increase
| Model | Old Prices (Rs) | New Prices (Rs) | Price Difference (Rs) |
| Stonic EX | 4,150,000 | 4,425,000 | 275,000 |
| Stonic EX+ | 4,450,000 | 4,725,000 | 275,000 |
KIA’s cheapest car, Picanto now costs Rs.2.7 million, further narrowing the price gap between entry-level sedans like Yaris and Alsvin. If you were to choose between Picanto, Yaris or Alsvin, which would you choose and why?
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