[TusharK]

Kia Carens prices hiked by up to Rs. 50,000

Kia has increased the prices of the Carens by up to Rs. 50,000, effective November 1, 2022.



The Prestige 1.5L Petrol variant commands the highest premium of Rs. 50,000. The price of the Premium 1.5L Petrol variant has gone up by Rs. 40,000, while the Luxury 1.4L Turbo-Petrol variant costs Rs. 15,000 more.

Kia has also revised the prices of the diesel variants by Rs. 30,000. The Luxury 1.5L Diesel trim now costs Rs. 35,000 more.

Kia had increased the prices of the Carens in April this year. Since then, prices have gone up by up to Rs. 70,000.

The Carens is available in five variants – Premium, Prestige, Prestige Plus, Luxury and Luxury Plus. The 7-seater is offered with three engine options. These include a 1.5-litre petrol engine producing 113 BHP and 144 Nm, a 1.4-litre turbo-petrol with 138 BHP and 242 Nm and a 1.5-litre diesel that puts out 113 BHP and 250 Nm. Transmission options include a 6-speed manual, 7-speed dual-clutch automatic and a 6-speed torque converter automatic.

[Herschey]

Jacking up prices and blaming rising input costs for the same is such a cliché. The fact is input costs have actually gone down massively for most manufacturers.

For manufacturers like MSIL, Hyundai, TATA and Mahindra; the ones who have been setting the sales charts on fire, their record topline and bottomline numbers are a clear giveaway that this has got nothing to do with input costs but purely and squarely corporate greed. Make hay while the sun shines is the mantra because who knows, the next massive interest rate hike or even a larger economic recession may be looming just round the corner. Or maybe not and this fire would just continue to burn. Who knows?

This just seems like a really wrong time to be buying a car unless someone really has a dire need for one.

[.sushilkumar]

Originally Posted by TusharK

Kia Carens prices hiked by up to Rs. 50,000

Kia has increased the prices of the Carens by up to Rs. 50,000, effective November 1, 2022..

Wondering if KIA gave any reasons for this hike. To me it appears to be a pure greed at work now.

On the other hand, MSIL reported a massive 334 percent year-on-year (YoY) growth in its standalone net profit for the quarter ended September FY23. If there is a material shortage and raw material pressure, how are auto OEM's declaring such massive profits.

https://www.moneycontrol.com/news/bu...e-9405961.html

[Satdeep]

Mod note: Please avoid quoting entire large post for short replies, affects readability especially on smaller mobile devices. Thanks.

Originally Posted by TusharK

Kia Carens prices hiked by up to Rs. 50,000
======
Transmission options include a 6-speed manual, 7-speed dual-clutch automatic and a 6-speed torque converter automatic.

Pure greed and nothing else. Input cost of all material has reduced over the last year or so. It seems, as is for all other industries, the customer is being forced to pay a 'covid tax' wherein lost earning for a few months are being recovered along with shylock's pound of flesh.

[TRANSAM]

https://www.carandbike.com/news/hond...home-ndtv_auto

As per the above NDTV/Car & Bike article, Honda is offering discounts on their cars upto about 63K, depending the model.

[blorebuddy]

In the market for a new car. Looking at Honda City. Does anyone have info on the current offers /deals in Bangalore? My current info is the news. However dealer is not offering all these benefits.

[vikramhere]

Originally Posted by blorebuddy

In the market for a new car. Looking at Honda City. Does anyone have info on the current offers /deals in Bangalore? My current info is the news. However dealer is not offering all these benefits.

Official Honda site lists the current offers for the City 5G model here

[TusharK]

Skoda Slavia, Kushaq prices hikes by up to Rs. 60,000

Skoda has increased the prices of the Slavia mid-size sedan and Kushaq by up to Rs 60,000.



Prices for the Slavia now start at Rs 11.29 lakh (ex-showroom), with the Active and Ambition variants costing Rs 30,000 more. While the price of the Style 1.5L AT variant has increased by a nominal amount, the Ambition AT trim now costs Rs 40,000 more.

The Kushaq range now starts at Rs 11.58 lakh (ex-showroom). The prices of Ambition Classic AT, Style 1.5L MT, and Monte Carlo 1.5L MT variants have gone up by Rs 60,000. The Ambition AT, Style 1.0 MT and Monte Carlo 1.0L MT variants cost Rs 40,000 more, while the prices of other variants have increased by Rs 20,000-30,000. There has been no change in the prices of the Style 1.0L and 1.5L AT variants.

This is not the first time that Skoda has increased the prices of Slavia and Kushaq. In fact, this is the second price hike for the Slavia in 2022 and the third for the Kushaq.

Link to Team-BHP News

[Old_Salt]

And why not. They delivered a good product, which finally got a “approved” seal. I am really happy for Taigun/Kushaq. Time to rake in the moolah.

[amit1agrawal]

The way Skoda is raising the price every 3 months, probably investing in Skoda cars for the medium term is better than stocks/MF/SIP/FD etc

[TusharK]

Jeep Compass prices hiked by up to Rs. 1.20 lakh

Jeep India has increased the prices of the Compass by up to Rs 1.20 lakh. It is the second price hike in just over 2 months and the fourth this year.



Jeep has revised the prices of all variants of the Compass, with the 1.4L Petrol DCT Fifth Anniversary Edition receiving the highest hike of Rs 1.20 lakh. That being said, the price of the 2.0L Diesel MT variant has been reduced by Rs 40,000.

Prices of the Longitude (O) Petrol DCT and Diesel MT & Night Eagle (O) Petrol DCT and Diesel MT variants, have gone up by Rs 25,000, while Sport and Trailhawk variants now cost Rs 20,000 more.

Prices of the Model S (O) trims have increased by Rs 45,000. Limited (O) variants cost Rs 40,000 more, while the price of the Fifth Anniversary Edition Diesel 4x4 AT has been hiked by Rs 40,000.

Link to Team-BHP News

[arjab]

Originally Posted by TusharK

Jeep Compass prices hiked by up to Rs. 1.20 lakh

Is Jeep India testing its luck too far?
Buyer's in this segment are discerning, have travelled the world and are well aware of vehicle attributes. The Compass is a nice vehicle but is it worth such a price premium? Increasing prices annually is acceptable but I don't know how potential customers will take to such regular increases in MRP. Also the reports about recent reliability/fault incidents on new Compass models; does not instill much confidence in buyer's mind.
Possibly a new Kodiaq AWD L&K or a Tiguan AllSpace AWD is a good option.
Or a used RR Evoque.

[Honda Monk]

I am planning to buy a fortuner by december, is there a price hike expected before that?

[Reinhard]

Originally Posted by TusharK

The Maruti Ignis is available with a cash discount of up to Rs 23,000, an exchange bonus of Rs 15,000 and a corporate discount of Rs 5,000. The Ciaz can be availed with benefits of up to Rs 40,000.

Sorry for being slightly off topic, but when will our market take the step up, where we don't need to have -

1. Car with 25k cash discount
2. Shampoo with 7% Extra (To a net total of 200ml miraculously)
3. Detergent powders with 10% Off
4. The list goes on...

An entire generation & some, has seen this everywhere & knows how it works. Coming generations know it from birth mostly. Isn't this enough already?
Aren't there any better ways to put those MBA Marketing degrees to work?

Dealerships like those of Tata, Renault, have inadvertently taken this step upwards. "This is what it is. Take it or leave." .

[HammerHead]

Anyone hearing any discounts on the current generation BMW 3 series? Next generation is scheduled for launch around Jan/Feb next year.

I'll be glued to this thread for sure