Kia estimates mid-size SUV segment to grow at 5% CAGR in India
Kia, which has sold over half a million Seltos in India since its launch in 2019, unveiled a facelift of the model on Tuesday. The South Korean automaker is confident of the growth of SUVs in the coming years and estimates the mid-size SUV segment to grow 5% every year. Further, the company plans to grow its market share to 10% from 7% now. For this, it is looking at bringing investments and driving new models in the country.
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