New Kia Sonet
Kia India sales in October 2024 – 22,000 shipments, 28,000 deliveries

New Kia Sonet – Thirunavukarasu Palani Kia India celebrates festive season with strong market demand, recently launched Fiesta luxury sedan Plus and EV9 delivered to 54 customers Sales across the segment were strong as the festive season continues, consumer demand increases and automakers offer exciting offers till October 2024. In terms of Kia India sales alone, the company's deliveries (from dealers to customers) grew by 30%. Kia also expanded its product line with the launch of the new Fiesta luxury sedan Plus and Kia EV9, which were delivered to 54 customers last month. Kia sales October 2024 In October 2024, Kia's domestic market sales (company to dealers) in India were 22,753 units and exports were 2,042 units. Domestic sales were down 6.56% year-on-year from 24,351 units sold in October 2023, and month-on-month sales were also down 3.27% from 23,523 units sold in September 2024. Kia India delivered 28,545 vehicles in October 2024, a year-on-year increase of 30% from 21,941 vehicles…

Stellantis Shipments Drop 20%, But It’s Finally Tackling Inventory Headache
Stellantis shipments drop 20%, but eventually resolved

The automaker's North American shipments fell sharply as the region cut production to combat an inventory glut Stellantis revealed that third-quarter shipments are expected to decline by approximately 20%. The biggest declines were in North America, where companies are looking to clear excess inventory through production cuts and greater incentives. Maserati's shipments plunged 60%, although that's not surprising considering the demise of the Ghibli, Quattroporte and Levante. Stellantis has been dealing with an inventory glut, which they are working to address through a series of incentives and production cuts. While this isn't exactly news, the company revealed that third-quarter shipments are expected to drop 20%. This equates to approximately 279,000 vehicles, with the largest decline occurring in North America. Among them, shipments fell by approximately 171,000 units in the third quarter. More: New car inventory surges, Stellantis drowned in unsold cars The company said the majority of the production decline - more than 100,000 units - can be attributed to…