The prevailing economic meltdown, including import embargoes, has shattered all the carmaker’s production capacity and sales, and Kia is among them. Mind you, the Korean car company was considered the country’s biggest automaker in terms of market share until mid-2022. But within months, its sales have come down to a new low.
The company has reported a slight increase in its month-on-month sales despite dwindling sales of its key player dubbed, ‘Kia Sportage’. As per reports, Kia has posted a jump of 7% in its month-on-month sales in March ’23, selling just 747 locally assembled vehicles.
It is expedient to mention that Kia Lucky Motors’ top-seller Sportage’s sale has declined by 14%, but Picanto and Stonic’s healthy sales accommodate the dent.
Kia managed to sell only 356 units of Sportage last month, reporting a decrease of 14%. Meanwhile, 219, 132 and 40 units of Picanto, Stonic, and Sorento were sold, respectively. Again, Sorento remained the lowest-selling car.
Furthermore, Honda Atlas faced the same fate. Whilst, Toyota, Hyundai, and Pakistan Suzuki Motors Company’s sales observed a slight increase. Allover, month-on-month (MoM) sales observed an uptrend of 54%.
