Sonet, which is Kia's third product in India after Seltos and Carnival, would compete with the likes of Hyundai Venue, Maruti Vitara Brezza, Tata Nexon and Mahindra XUV300 in the domestic market. The segment is also going to see more products like Toyota Kirloskar Motor's Urban Cruiser and Nissan's Magnite.
Customers can select the tenure of their subscription from a minimum period of 18 months, 24 and 36 months, it added. For 18 month tenure, a customer will have to pay Rs 47,900 monthly subscription fee, for 24 months Rs 44,900 and for 36 months Rs 41,900 per month.
The model, which was earlier available in diesel engine only, now comes with 1.5 litre petrol powertrain mated with both manual and automatic transmissions. The manual variants of the model are priced between Rs 8.39-11.15 lakh while the 4-speed automatic trims are tagged between Rs 10.83-12.39 lakh.
The all-new Thar will be a quantum leap in terms of technology, comfort and safety features compared to the previous generation without compromising on the vehicle's core promise, M&M said in a statement.
The companies want to see if the demand sustains in August — which heralds the festive season, the peak sales period for the automotive industry. The festive season in the last three years had been a disappointment and if that trend continues this year too, the industry could post its lowest sales in a decade in this fiscal.
"We will soon launch Duster with an all-new turbo engine (petrol), making it the most powerful SUV in its segment," Renault India Operations Country Chief Executive Officer and Managing Director Venkatram Mamillapalle told in an interview. Furthermore, the company is readying an all-new product for India market, he added.
The company also believes that while vehicle sales have improved in July, the outlook for festive season will depend on how the health crisis pans out, and the long-term vehicle demand will also depend a lot on the fundamentals of the economy.
The Tata Nexon gets a comprehensive update for 2020. New look aside, the 2020 Nexon packs in a more powerful petrol engine and more features including a sunroof. Shapur Kotwal tells you what the Nexon facelift is like.
"The company becomes the fastest automaker in India to reach this landmark in just 11 months since the launch of its debut car last year, a record number for any new entrant to achieve in such a short time," Kia Motors India said in a statement.
According to a Facebook-Boston Consulting Group report, as much 51% of people they had surveyed before the outbreak of Covid-19 in India had preferred public or shared transport to commute. That number has now come down to 30%.