Volvo Cars set a new global sales record as the company reports full-year sales of 763,389 cars during 2024, an increase of 8 per cent compared with the full year of 2023. For the month of December, Volvo Cars sold 73,804 cars globally, a decrease of 3 per cent compared to December 2023.
Volvo Cars also saw a significant increase in sales of its electrified cars. For the full year 2024, Volvo Cars sold 175,194 fully electric cars, an increase of 54 per cent compared with 2023, and 177,593 plug-in hybrid cars, a 16 per cent increase compared with 2023. Sales of electrified models accounted for 46 per cent of all Volvo cars sold globally during 2024. Sales of fully electric cars accounted for 23 per cent of all Volvo cars sold globally during 2024, compared with 16 per cent in 2023.
European sales reached 369,685 cars during 2024, an increase of 25 per cent compared with 2023. Volvo Cars’ line-up of electrified models – fully electric and plug-in hybrid cars – accounted for 65 per cent of all the cars sold in the region last year.
Volvo Cars’ US sales for 2024 amounted to 125,243 cars, down 3 per cent compared to the full year of 2023. The number of electrified models sold increased by 20 per cent and accounted for 34 per cent of all cars sold in the US during the year.
Sales in China decreased 8 per cent compared to 2023, resulting in 156,370 sold cars during 2024. Overall, sales of electrified models grew 3 per cent during the January-to-December period.
For 2024, the Volvo XC60 was the top-selling model with sales of 230,853 cars (2023: 228,646), followed by the XC40/EX40 with total sales of 173,890 cars (2023: 200,670) and the XC90 at 108,621 cars (2023: 107,549).
Writing a new chapter of success, BMW Group India has achieved its best-ever annual car deliveries with 11% growth. The company delivered 15,721 cars (BMW and MINI) and 8,301 motorcycles (BMW Motorrad) between January – December 2024. BMW sold 15,012 units and MINI 709 units.
BMW sales clocked the highest Q4 (4,958 units | +15%) and highest December sales as well (2,244 units | +17%).
Mr. Vikram Pawah, President and CEO, BMW Group India said, “Posting the highest-ever car sales in India, BMW Group India has also crossed a milestone of 15,000 cars. We had the strongest product offensive in the luxury car segment, paired with the introduction of new initiatives like Retail.NEXT and expansion of bespoke experiences and services for our customers. BMW is leading significantly across segments in the Indian luxury car market including sustainable electric mobility, Luxury Class and aspirational premium compact segment. This tremendous success is driven by our resolute focus on creating customer delight. Together with our dedicated team of dealer partners, we are committed to achieving new benchmarks in luxury mobility.”
BMW Luxury Class (BMW 7 Series, BMW i7, BMW X7 and BMW XM)
2024 recorded the highest ever sales of BMW Luxury Class in India (2,507 units | +8%). BMW Luxury Class is the flagship range and the ultimate mark of exclusivity for Indian customers. Nearly every fifth car that BMW sold in India in 2024 was a top-of-the-range model. In 2024, BMW X7 was one again the highest-selling Luxury Class model (1,570 units | +4%). Since its launch, more than 5,000 units of the BMW X7 have been delivered in India. The BMW 7 Series leads the epitome of luxury in its segment (865 units | +15%).
BMW Group Electric Vehicles (EV)
BMW Group India upheld its top position in the electric mobility space for the third consecutive year. Thanks to the widest and most attractive range of electric vehicles in luxury segment, complimented by a strong charging network and host of new services, BMW Group India remains the most desirable choice for luxury EVs. In 2024, 1,249 units of fully electric BMW and MINI cars were delivered. i7 was the largest selling EV in its class with 384 units.
BMW Group India also crossed 3,000 EV deliveries till date, becoming the first luxury car manufacturer in the country to reach this milestone. BMW iX is the most popular luxury EV in India with over 1,100 units sold till date. BMW Group India offers six electric cars and two electric scooters in India – BMW i7, BMW iX, BMW i5, BMW i4, BMW iX1, MINI Countryman Electric, BMW CE 04 and BMW CE 02.
BMW Sports Activity Vehicles
BMW Sports Activity Vehicles (SAV) contributed 56% to sales with 8,351 units. Deliveries of SAVs rose by +16%, as they offer unparalleled dynamism, space and comfort for an active lifestyle and the ability to dominate any kind of road. BMW X5 posted its highest annual sales till date (2,056 units | +89%). BMW X1 was the most popular SAV with over 20% share in sales and also the highest selling car in Indian premium compact SAV segment.
BMW Long Wheelbase Range
The highly successful long wheelbase range of BMW India was in tremendous demand in 2024. BMW offers the largest portfolio of long wheelbase models in the luxury segment including the BMW 7 Series, BMW 5 Series and BMW 3 Series. These models are a prime choice as they bring the highest degree of luxury, space, comfort and performance and are perfectly suited for different requirements. The BMW 3 Series was the highest selling sedan with 20% share in sales and also a class-leader in its segment. The all-new BMW 5 Series Long Wheelbase, the most aspirational business sedan in India, garnered over 1,000 deliveries in less than six months of launch.
BMW M
2024 was a big year for BMW M in India with eight new launches including seven M cars and one M motorcycle. M cars deliveries increased to 875 units. BMW M340i was the highest selling M model. Since its introduction, more than 1,000 BMW M340i have been sold in India. The engineering brilliance of BMW M represents precision, agility, and the exhilarating thrill of high-performance driving.
MINI
MINI delivered 709 units in 2024. The MINI 3-Door Cooper S posted its highest-ever sales at 250 units with +77% growth.
BMW Motorrad
BMW Motorrad delivered 8,301 motorcycles in 2024. BMW Motorrad registered the highest-ever half-yearly sales (July – December) (4687 units | +14%). At 1,041 units, the brand also achieved best-ever annual sales of its completely built-up bike portfolio.
BMW and MINI 360°
Customers enjoy great value proposition and complete peace of mind with the 360⁰ finance plan from BMW India Financial Services which offers attractive low monthly instalments, assured buy-back, flexible end of term options and an opportunity to upgrade to a new car amongst other benefits. 1 out of 4 cars financed by BMW India Financial Services is through BMW and MINI 360⁰.
As urban India continues to expand and public transport struggles to meet rising demand, car ownership has emerged as the go-to mobility solution for millions of Indians. The convenience, sense of freedom, and joy of owning a car have become integral to the lifestyle of young, aspirational buyers across the country.
In line with these evolving trends, Spinny, India’s leading full-stack used car platform, has released its annual report, shedding light on the key developments that have shaped the used car market throughout 2024.
A significant 76% of Spinny customers in 2024 were first-time car buyers, further solidifying the platform’s position as a top choice for new car owners. This represents a 3% increase from the previous year 73%.
The top three preferred car models saw a shift in 2024. Renault Kwid continues to be the hot favourite and Hyundai Grand i10 maintained their dominance, while Maruti Suzuki Swift entered the top three, replacing the Baleno. Hatchbacks continue to be the most preferred category across. This reflects a growing preference for compact, value-driven vehicles.
The compact SUV segment has seen a 20% growth, with models like the EcoSport continuing to reign supreme. The appeal of compact SUVs, combining space and performance with the “big car” appeal, continues to rise.
Spinny’s hub-based delivery model remains highly favoured, with 74% of deliveries made through Spinny hubs, an increase from 69% in the previous year, showcasing the importance of physical interaction and inspection in the car-buying process.
Petrol remains the dominant fuel type, accounting for 82% of Spinny’s sales. Diesel vehicles have declined to 12%, while CNG and electric vehicles (EVs) hold steady at 4% and 2%, respectively.
Women buyers now represent 26% of Spinny’s customer base, with the absolute number of women buyers growing steadily each year. Among them, 60% prefer automatic hatchbacks, while 18% prefer compact SUVs.
The average age of Spinny’s customers has dropped to 32 years from 34 last year, indicating an appeal to younger buyers who are looking for a reliable and easy car-buying experience.
The report highlights a growing trend in online car buying, with online purchases rising to 75% in 2024, up from 70% in 2023. This shift underscores the increasing convenience and preference for digital transactions in the car-buying process.
This year, 22% of customers opted for an upgrade, compared to 12% in 2023. This increase shows growing confidence in platforms like Spinny, which allows buyers to trade in their old cars and select a new one based on their changing needs. Whether it’s upgrading to a larger vehicle for family requirements or choosing a car suited to their lifestyle or city, the exchange process gives customers flexibility in finding a car that works for them.
56% of Spinny customers chose financing options to facilitate their car purchases, with 60% of these customers falling within the 25-30 age group. This indicates a growing reliance on financing, especially among younger buyers.
Spinny Max, the luxury car segment, has gained significant traction, with premium models from brands like BMW, Mercedes-Benz, and Jeep leading the charge with Jeep Compass holding the maximum share followed by BMW X1 and Mercedes C-Class. Spinny’s partnership with TataEV has also contributed to the growing interest in electric vehicles, especially the Tata Nexon, which accounts for 60% of EV sales in Bengaluru.
Spinny’s stronghold continues to be in major cities such as Bangalore, Delhi NCR, and Hyderabad, which remain the top contributors to sales.
As Spinny looks toward 2025, the company remains focused on enhancing its customer experience, with an unwavering commitment to trust, quality, and customer experience. Addressing the year-end trends, Niraj Singh, Founder & CEO of Spinny, shared, “From delivering our first car in 2015 to over 2 lakh stories by the end of 2024, it has been a humbling journey. This growth fuels our passion to continue offering the service and experience to our customers as we move forward.’’
Hagerty UK is announcing its 2025 UK Bull Market List, a selection of ten cars that are set to be great buys in 2025. Some are predicted to rise in value in the future, others have been selected for their superb value for money and rewarding ownership experience.
The cars in the Hagerty UK Bull Market List have all been selected as a result of intense research into changes in vehicle values by the valuation specialists at Hagerty UK. These specialists compile the highly respected Hagerty Price Guide, ensuring they are uniquely qualified to provide insight into prices and trends in the classic and modern classic car market in the UK.
For 2025 they have chosen a wide selection of models, from the humble Peugeot 106 to the cult status Subaru Impreza P1. There’s opulence in the Rolls-Royce Silver Shadow II and driving adventures in the Austin-Healey 3000 and Porsche 912.
“The 2025 cohort is, I think, my favourite yet,” says John Mayhead, editor of the Price Guide. “The models span nearly every era of motoring and range from up-and-coming classics to those that were once top dog and now maybe offer a huge amount of car for the money.”
2001-2005 Alfa Romeo 147 GTA The Alfa Romeo 147 GTA takes the Hagerty Hot Hatch Pick for its understated looks and incredible performance. Values have risen steadily in recent years with the very best examples fetching well over £20,000.
The 147 GTA is every bit the Alfa Romeo, with Italian character and performance to match. Its 3.2-litre six-cylinder Busso engine is now considered to be one of the finest engines ever produced. The interior reflects the Italian craftsmanship of the era with exemplary materials and comfort combined with sporty details.
This hot hatch continues to increase in popularity, with many younger buyers seeking it out in order to enjoy one of the best Alfa Romeo experiences.
What the Hagerty Valuation Team says: The main reason the 147 GTA was chosen for this year’s Bull Market is that it offers an extraordinary driving experience for a relatively sensible price. It’s the spiritual successor to the 105 series Alfa Romeo GTA coupes that made such an impact on both road and racetrack back in the 1960s and ‘70s.
Hagerty Price Guide valuation – £8,500 to £20,500
1959-1967 Austin-Healey 3000 The Austin-Healey 3000 is the Hagerty Bull Market Best of British Index Pick, a quintessential British sports car, loved by multiple generations since it first entered production in 1959. One of the most popular big Healey models, it continued in production until 1967, with four major model variations during that time.
The Austin-Healey 3000 not only won hearts for its roadster character and charm, but it also performed well on some of the world’s great race tracks, including Le Mans and Sebring. It’s a true usable classic, with plenty of clubs offering support for owners and a vast number of events to take part in. It continues to be an affordable classic that in recent years has also found favour with many younger buyers.
What the Hagerty Valuation Team says: In value terms, the Austin-Healey 3000 has been very flat over a long period of time: since May 2015, UK Hagerty Price Guide values for an excellentexample have varied by less than ten percent, and currently sit at £45,400, although it’s recently dipped. In real terms, accounting for inflation, that means the model is much more affordable than it was a few years ago.
Hagerty Price Guide valuation – £22,900 to £87,500
1994 – 1999 Ferrari F355 The Ferrari F355 is the Hagerty Gold Index Pick for 2025, with values rising significantly in recent years. This mid-1990s Italian sports car ticks all the right boxes, with the famous Maranello badge, pop-up headlights, a beautiful design and a superb mid-mounted 3.5-litre hand built V8.
Manufactured between 1994-1999, the F355 was based on the Ferrari 348 with improved performance, aerodynamics and usability. Its five-valve cylinder head helped to generate more power and changes to the transmission made it more reliable than the 348. Six-speed manual models are the more collectible, but the F355 also goes down in history as the first road car to feature an F1-style automated manual paddle-shift.
The F355 was available as a Berlinetta coupé, Spider and GTS targa-top. Those who wanted even more performance could opt for a Fiorano handling pack, with these models proving a rare find these days. Highly collectible, the F355 is also a comfortable sports car to enjoy on a regular basis.
What the Hagerty Valuation Team says: Some consider the F355 to be a peak driver’s Ferrari, mixing 1980s-inspired design and analogue engineering. A relatively new addition to the UK Hagerty Price Guide, values have risen recently, up 6.2 percent in the past three years to £73,300 for a standard Berlinetta in excellent condition. In the US, growth has been even more extreme, and the Guide price for the same model there is now $196,000 (£152,000) although this includes a 25 percent premium for manual gearbox examples.
Hagerty Price Guide valuation – £50,600 to £105,000
1992-1998 Maserati Ghibli Maserati has used the Ghibli name on three models since the 1960s, the Hagerty 2025 Bull Market Italian Pick being the AM336, produced between 1992-1998. Designed by the legendary car designer, the late Marcello Gandini, the 90s Ghibli was an evolution of the Maserati Biturbo.
The flared wheel arches, high boot and handcrafted interior gave this two-door coupé more presence and style than its predecessor. The engines were the real attraction though, with a 2.0-litre or 2.8-litre twin-turbo V6 on offer. At the time, the Ghibli Cup with its 325bhp pushed out more bhp per litre than a McLaren F1.
What the Hagerty Valuation Team says: The attraction of the Maserati Ghibli model range is that there’s a car for many different price points. Standard, base Biturbos with middling miles are still for sale for under £10,000, a good Spyder is double that, all the way up to the Shamal, currently valued at £53,000 in excellent condition in the UK Hagerty Price Guide. Those with the cheapest price on the windscreen may be more expensive to maintain though, and for a 1980s/ 1990s-era Maserati, the bills may be significant.
Hagerty Price Guide valuation £9,400 to £54,900
1991-2003 Peugeot 106 The Peugeot 106 has often been overshadowed by its sibling 1990s boy racer favourite, the Citroen Saxo. Produced between 1991-2003, the Hagerty Quirky Pick was available in anything from a very basic 1.0-litre petrol version to the entertaining GTi and Rallye variants.
Many people have a story to tell of their experience with a Peugeot 106, either as the car they learned to drive in, their first car or a rental that took them on holiday with their friends. It might be a small car, but it had a big personality with an interior that combined French quirkiness with practical simplicity. They were also easy to work on and many were the subject of extensive modifications, making pristine original examples increasingly sought after today.
What the Hagerty Valuation Team says: Hagerty considers the Peugeot 106 to be great value compared with some of its rivals. The Series 1 106 Rallye in excellent condition is listed in the Hagerty Price Guide at £12,400, around 32 percent less than its older relative the Peugeot 205 Rallye. With their homologation credentials, limited numbers and instantly recognisable looks, they tick many of the requirements of a collectable car, although originality is critical.
Hagerty Price Guide valuation – £8,900 to £16,400
1965-1969 Porsche 912 In the 1960s Porsche wanted a car that fitted between the 356 and the 911. That car was the 912, a sports car that had all the looks of the 911 and the same level of build quality and comfort, but at a much lower price. It was also cheaper to run, thanks in part to the use of the four-cylinder 616 engine from the 356.
Today the 912 is becoming more sought after, not just for its great value but because it is both dynamic and usable, with easier to manage handling and performance compared to the 911. Prices for the 912, which is the Hagerty 2025 Classic Pick, remain stable and are not expected to rise dramatically. The UK Hagerty Price Guide values excellent left-hand drive examples at £57,800 with right-hand drive models attracting a large premium.
What the Hagerty Valuation Team says: With a Porsche 912 you get the early 911 experience for a fraction of the price. Other than very early 912s, the vast majority of the car is identical to its six-cylinder sibling, sharing the same interiors, bodywork, suspension and electrics, only the engine is different.
Hagerty Price Guide values – £26,900 to £90,100
1994-2001 Range Rover P38 The Range Rover P38 arrived in 1994 as the successor to the original classic model. It featured a more rounded exterior design, while the interior had all the hallmarks of the model, including lots of wood and leather and an elevated driving position that made occupants feel as though they were above everyone else.
The P38 was available with an updated version of the traditional Rover V8 or a turbo-diesel engine from BMW. The combination of opulent luxury and legendary off-road capability ensured it remained a popular choice. In recent years they have become well-known for reliability issues, but a good example of the car that is the Hagerty Off-Road Pick can still deliver that true Range Rover experience.
What the Hagerty Valuation Team says: The P38 Range Rover is a car that is currently extremely affordable, with the cheapest runners advertised for under £1000 and even top-spec, limited edition models with extremely low mileage in concours condition rarely reaching over £15,000. Plus, they are getting rarer: social media groups are full of cars being broken for parts or heavily modified for off-road use. Find an original, well-maintained example, and it could offer a lot of value for money.
Hagerty Price Guide values – £800 to £15,800
1977-1980 Rolls-Royce Silver Shadow II Rolls-Royce introduced the Silver Shadow in 1965 but then it updated the model for the final few years of its life, creating the Silver Shadow II in 1977. Loved by everyone from wheeler dealers to wedding planners and the world’s wealthy, the Silver Shadow II delivered the ultimate in luxury motoring of the time.
Today they remain wonderful cars to own and enjoy, providing an element of glamour as well as superb ride comfort and all the status of driving a car with the famous Spirit of Ecstasy leading the way. Values vary immensely but so too do the maintenance costs, making the Hagerty 2025 Luxury Pick one to choose carefully.
What the Hagerty Valuation Team says: Prices for the Silver Shadow II have been relatively static, only £100 higher today for an excellent example than in December 2021. The big difference has been in the top examples, with a concours condition value up over 20 percent during the same period to £31,900. This is a good sign as a rise in top examples often encourages more to be spent on maintaining other, less pristine cars
Hagerty Price Guide values – £5,700 to £28,700
2000-2001 Subaru Impreza P1 First generation Subaru Impreza prices are increasing, but none more so than some of the most revered models. These include the flagship 22B and the Hagerty 2025 RADwood Pick, the Prodrive 1 or P1. Only 1000 examples were built, each fettled by famous motorsport company, Prodrive. This included design changes by the designer of the McLaren F1, Peter Stevens and engine upgrades to produce 276bhp.
The P1 was only available in Sonic Blue and its chassis and suspension were specifically tailored for British roads while ABS was added for the first time. Electrically adjustable Recaro seats sported the P1 logo, which also adorned the iconic rear wing. Compared to prices for the 22B, the P1 represents a great value way to get into a legendary rally-bred sports saloon.
What the Hagerty Valuation Team says: Prices have risen a lot in the last few years – the UK Hagerty Price Guide ‘Excellent’ value was £32,000 in September 2022 and two years later was £50,500 but Hagerty believes that prices may well increase further still. Many of these cars have been driven hard, and the gulf between top and bottom values is huge: Hagerty’s ‘fair’ price is 61 percent lower than its top concours’value. Pristine, low mileage cars will probably increase most, but regularly driven cars that are a little rough around the edges will be much more affordable and great fun.
Hagerty Price Guide values – £25,000 to £72,500
1994-2000 Toyota RAV4 The Toyota RAV4 is the model that started the modern era of compact crossovers and small SUVs. Introduced in 1994, over ten million have since been sold, but version that receives the Festival of the Unexceptional Pick in the 2025 Hagerty Bull Market is the first generation.
The Recreational Active Vehicle with 4-wheel drive (RAV4) provided all the passenger and luggage space people needed, together with more ground clearance, a higher driving position, improved visibility over regular cars and the option of full-time four-wheel drive. Short and long wheelbase models were available and there was even a fully electric version, the RAV4 EV, although these are the rarest of all.
What the Hagerty Valuation Team says: Legendary Toyota build quality, combined with an instantly recognisable design and very low current prices mean that Hagerty believes the RAV4 is a great entry-level classic, plus you’ll be welcome at any future edition of Hagerty’s Festival of the Unexceptional. Even in top GX spec, a concours-ready example should set you back under £5,000 – if you can find one, these early cars are now very rare.
Škoda is kicking off its 130th anniversary celebrations with the world premiere of the new Enyaq and Enyaq Coupé. Scheduled for Wednesday, January 8 at 09:00 GMT, the reveal will take place on Škoda’s official YouTube channel.
A video walkaround, including expert insights and detailed information, will showcase the new Škoda Enyaq’s updates. Highlights include enhancements to the exterior and interior design, upgraded standard equipment, and diverse powertrain options.
Both the Škoda Enyaq and the Škoda Enyaq Coupé now embody the brand’s new Modern Solid design language, featuring a striking front end with a glossy black Tech-Deck Face, Light Band, and newly designed LED Matrix beam headlights. The new Enyaq also delivers an extended range, thanks in part to optimised aerodynamics, alongside more sustainable materials and extensive standard equipment.
Kia India has announced the commencement of bookings for Syros. Customers can book the Syros online or at the nearest dealer with a booking amount of INR 25,000. The prices for the Syros will be announced on February 1, with deliveries commencing mid-February.
Built on the reinforced K1 platform, the Syros is tailored to meet the needs of new-age urban drivers and tech-savvy adventurers, blending versatility with cutting-edge advancements. With a bold exterior design and premium, lounge like experience on the interior, the Syros sets a new standard in the segment.
Commenting on this, Mr. Hardeep Singh Brar, Sr. VP and Head of Sales and Marketing, said, “With the Syros, we are proud to introduce a game-changing SUV that embodies the perfect blend of innovation, style, and comfort, designed to exceed the expectations of the young, aspirational India. As we open pre-bookings, we invite customers to be among the first to experience the future of motoring. We are confident that the Syros will set new benchmarks in the industry, redefining the SUV in the Indian automotive market.”
Equipped with 20 robust hi-standard safety package, along with 16 autonomous features with Level-2 ADAS, the Syros has best-in-class active safety. With Kia Connect 2.0, it provides first-in-segment Over-the-Air (OTA) software updates, automatically updating 22 controllers to ensure the vehicle is always equipped with the latest software and features. The Syros also comes with a best-in-class 76.2cm (30”) Trinity Panoramic Display panel – Connected Car Navigation Cockpit, a dual-pane panoramic sunroof, and 64 colour ambient lighting. It features first-in-segment rear seat recline, slide, and ventilation, along with the flexibility of adjustable boot space as per need.
The Kia Syros will be available in four standard trims HTK, HTK+, HTX and HTX+ along with two optional trims HTK(O) and HTX+(O). It will have two engine options: Smartstream 1.0-liter turbo petrol with 88.3 kW (120PS)/172Nm, and 1.5-liter CRDi diesel with 85 kW (116PS)/ 250Nm, both mated to automatic and manual transmission.
With the Syros, Kia India solidifies its stance as a pioneer in the automotive industry, pushing the boundaries of innovation, design, and customer satisfaction.
Kia Corporation announced today global sales of 3,089,457 vehicles in 2024, posting a new annual global sales record. This represents a 0.1 percent increase compared with the same period last year.
Excluding special purpose vehicles, Kia’s 2024 sales in markets outside of Korea saw a one percent rise over the previous year, to 2,543,361 units. Sales in Korea totaled 540,010 units, a 4.2 percent decrease.
For December 2024, Kia’s global monthly sales increased 11.8 percent compared with the same period in 2023, to 240,537 vehicles.
Kia’s previous best yearly performance was recorded in 2023, with sales totaling 3,087,384 units. This included 2,518,016 units sold outside of Korea, and 563,660 vehicles in Korea.
The Sportage SUV topped the 2024 global sales rankings by model, selling 587,717 units, followed by the Seltos SUV (312,246 units), and the Sorento SUV (280,705 units).
The company’s best-ever annual sales was supported by the launch of competitive new models such as the Kia EV3, — as well as the new K4 sedan, and hybrid model of the Carnival MPV — along with stabilized industrial conditions and flexible business operations that increased vehicle production and supply.
In 2025, Kia is targeting global sales of 3,216,200 units. By region, the brand expects to sell 550,000 units in Korea and 2,658,000 vehicles overseas. Kia also expects to sell 8,200 special purpose vehicles.
Kia plans to solidify its EV leadership and maintain its sales momentum by expanding its EV lineup, successfully launching strategic models, and fostering the growth of its PBV business.
Hyundai Motor India Limited (HMIL), is proud to announce that its flagship electric SUV, the Hyundai IONIQ 5, took part in a prestigious Guinness World Records title attempt for the Greatest altitude change by an electric car. Driven by the professional team from Evo India, the Hyundai IONIQ 5 set a remarkable record by registering an altitude change of 5802 metres—from India’s highest drivable point, Umling La in Leh Ladakh, located 5799m (19,024 feet) above sea level, to Kuttanad in Kerala, situated 3 metres below sea level.
The extraordinary feat was accomplished in just 14 days, covering an extensive distance of over 4900 kilometres across challenging terrains and extreme climatic conditions, truly demonstrating the Hyundai IONIQ 5’s resilience, advanced technology, and superior performance. Throughout the journey, the Hyundai IONIQ 5 reaffirmed its position as a benchmark in electric mobility, seamlessly navigating harsh environments, from freezing temperatures and steep mountain passes in the Himalayas to humid coastal regions in Kerala.
Speaking on the achievement, Mr. Unsoo Kim, Managing Director, Hyundai Motor India Limitedsaid, “We are incredibly proud to see the Hyundai IONIQ 5 create history by achieving the Guinness World Record for the highest altitude change by an electric car. This achievement is a testament to Hyundai’s unwavering commitment to innovation, technological excellence, and sustainability. The IONIQ 5’s performance in such extreme conditions reflects its engineering prowess and durability. At Hyundai, we are dedicated to pushing boundaries and setting new benchmarks in e-mobility, and this record further reinforces our vision of ‘Progress for Humanity.”
The Hyundai IONIQ 5, developed on the state-of-the-art Electric-Global Modular Platform (E-GMP), has been designed to redefine smart mobility experiences. It features a futuristic and progressive design inspired by Hyundai’s iconic PONY, a revolutionary step towards a new era of electric mobility. Equipped with a high-capacity 72.6 kWh battery, the Hyundai IONIQ 5 delivers exceptional driving range, advanced safety, and cutting-edge smart technologies, offering customers an exhilarating and versatile e-mobility experience.
The Hyundai IONIQ 5 has once again proven its capabilities, setting a new standard in the electric vehicle segment while offering an unmatched combination of performance, safety, technology, and design. Hyundai Motor India remains committed to delivering advanced mobility solutions and shaping a sustainable future for all.
Nissan Motor India (NMIPL) has announced the launch of its first state-of-the-art National Training Centre – Nissan Academy, located at the Alliance JV plant in Chennai. The academy will enhance the skills and capabilities of Nissan’s dealership and service staff network across India, reinforcing Nissan’s commitment to delivering an exceptional customer experience. Inaugurated by Frank Torres, DVP AMIEO & President, Nissan India Operations, the 10,500-square-feet training facility is designed to provide top-tier educational and training experiences across sales, technical maintenance, and body shop services for all Nissan Motor India dealership teams.
The Nissan Academy features an advanced mechanical workshop for hands-on training in vehicle repair, diagnostics, and aggregate overhauling. Additionally, it boasts a state-of-the-art body shop equipped with upgraded equipment and resources, offering training in a wide range of repair and maintenance techniques. This initiative will provide Nissan’s dealership teams with practical, high-quality training, aimed at enhancing customer service excellence across Nissan’s pan-India network. Over 1,000 technicians can be trained in a year at this academy, a key part of Nissan’s commitment to strengthening and expanding its dealership network and ensuring the highest standard of service across India.
Speaking at the launch, Mr. Frank Torres, Divisional Vice President-AMIEO Region Business Transformation & President-Nissan India Operations, said, “The opening of the Nissan Academy – National Training Centre in Chennai marks a significant step in our commitment to delivering innovation and excellence in customer service to the Indian customers. By investing in the development of our dealership teams, we aim to ensure that our customers receive unmatched service quality and experience. This training facility will support our ongoing efforts to drive excellence in customer experience and satisfaction. Nissan remains committed to its India operations, dealers, partners, and customers. We remain on track for our plans announced earlier this year at the launches of the Nissan X-TRAIL and New Nissan Magnite.”
As part of Nissan’s steadfast commitment to the Indian market and to meet the evolving needs of its customers, the company recently expanded its product lineup with the launch of the New Nissan Magnite, embodying the ‘One Car, One World’ philosophy.
The Kia EV3 has arrived to redefine the compact electric SUV market, with a segment-leading range of up to 375 miles on a single charge and an innovative interior design that optimises space, comfort and accessibility. Kia’s first dedicated electric compact SUV is ready for all European journeys and lifestyles, and sets a new benchmark for design, efficiency and performance in a high-demand market segment.
The Kia EV3 leverages the premium-level technologies of the EV6 and EV9, both multi-award-winning vehicles, in a compact, efficient, spacious, and comfortable car. The EV3 can adapt to every lifestyle and has the flexibility and affordability to be the main car of the household. Following extensive testing in Europe in all driving conditions, the model is proven to perform equally well on highways, city streets, winding roads, and long journeys. This testing also included validation of range and charging, with the EV3 confirmed as one of the most efficient EVs on the market.
“The Kia EV3 is an amazingly versatile vehicle, built and designed to accommodate the diverse needs and distinctive lifestyles of customers across Europe,” said Marc Hedrich, President & CEO of Kia Europe. “It also shows how a high-volume EV can be part of a broad ecosystem that includes in-car payments, over-the-air updates, bi-directional charging, digital upgrades and much more, to make driving more convenient than ever before.”
Built on Kia’s dedicated EV architecture, the Electric-Global Modular Platform (E-GMP), the EV3 is designed to prioritise the driving and ownership experience while making EVs available to a wider range of customers. It is part of Kia’s strategy to have 11 electric vehicles on the market by 2026, expanding to 15 models by 2027, with a fully electric product line-up in Europe by 2035.
The 375-mile range of the EV3 goes up to 479 miles when the vehicle is used purely in city driving situations. This is supported by i-Pedal technology and a Regenerative Braking System that offers the driver more flexibility and control by separating the level of regenerative braking from the full stopping control function. Full one-pedal driving can be used in all regenerative braking modes, as well as in reverse. The system also remembers the previously selected level when the vehicle is turned off, and automatically applies it when the vehicle is turned on again.
The efficiency and performance of the EV3 is aided by active air flap technology and a boat-tail shape, to improve aerodynamics. The drag coefficient of just 0.263 helps to reduce power consumption and increase the range. Extensive wind tunnel testing enabled Kia engineers to hone the EV3’s aerodynamic performance, including optimising the wheel shapes and enhancing the rear combination lamps. There are also new side sill undercovers, along with eight parts covering the underbody, for cleaner underfloor airflow and reduced drag.
Also helping drivers extend the range is the Driving Range Guide. Located in the instrument cluster, it displays the maximum and minimum driving ranges achievable depending on driving style, and an estimated range based on past driving efficiency.
400V fast charging technology enables the EV3 to go from 10-to-80% in 29 minutes for the 58.3 kWh battery version, and 31 minutes for the 81.4 kWh version. Up to 125 miles of range can be added in just 15 minutes. A stable charging power profile, combined with excellent efficiency, makes the EV3 one of the leading EVs for mile-per-minute charging in its segment. Fully compatible with European charging infrastructure, the EV3 is supported by Kia Charge, the brand’s network that offers access to more than 800,000 charging points in 28 European countries.
Kia is one of the leading manufacturers to bring Vehicle-to-Load (V2L) charging to the compact EV SUV segment. This feature enables the car to power external devices and allows customers to maximise the EV3’s accessibility. Every EV3 is also capable of bi-directional charging, including Vehicle-to-Grid, Vehicle-to-Home, and Vehicle-to-Building, which will gradually be introduced across European markets.
The EV3 features the world’s first highly efficient and super-compact thin HVAC (heating, ventilation, and air-conditioning) system that delivers consistent cabin comfort in all weather conditions, maximising comfort, and minimising power usage, without compromising range. The cleverly packaged system gives front-seat passengers an extra six centimetres of room in the footwell when compared with a conventional HVAC system. The highly efficient thermal management system, now in its fourth generation, improves heat pump performance, simultaneously absorbing outside air heat and driving heat (from powertrain components, for instance).
The EV3’s driving dynamics have been developed and tuned to meet the high expectations of European customers in terms of ride, handling, and steering. Even before the first test car was assembled, the EV3 went through an extensive virtual development, with hundreds of different setups tested on an advanced dynamic driving simulator. The resulting optimal geometries and compliances were then released for Kia’s European engineers to fine-tune the vehicle on European roads. The steering has been also specifically tuned for European driving conditions, with a focus on precision and linearity, enabling the EV3 to easily handle suburban curvy roads, city streets and motorways.
The vehicle’s suite of Advanced Driver Assistance Systems, including Highway Driving Assist 2, Smart Cruise Control 2, and collision prevention systems, have also been extensively tested on European roads.
The EV3’s spacious interior provides a ‘living room’ feel, with an array of usability features designed to make every journey comfortable and convenient. The clean, uncluttered dashboard has a triple-screen panoramic display. This combines a 12.3-inch touchscreen navigation screen and a 12.3-inch driver display screen, sandwiching a 5.3-inch segment display for climate control. A 12.3-inch head-up display puts all the necessary information within the driver’s eye line. As in the EV9, the EV3 achieves an excellent balance between touch and tactile controls for interior functions that help to minimise driver distraction.
Debuting on the EV3 is Kia In-Car Payment expanding the capability of the vehicle for in-car payments. The first partnership available is with Parkopedia, which will help drivers locate available parking and pay for it through the vehicle’s navigation screen. In-Car Payment’s convenience for drivers is part of Kia’s commitment to enhancing the driving experience and improving customer satisfaction across all touchpoints of a journey.
The EV3 offers the future of connectivity with over-the-air updates, video streaming capability4, features on demand via the Kia Connect Store and a Digital Key 2.0 that enables up to 7 customers to unlock and start the vehicle using a smartphone or smartwatch. It is also the first Kia vehicle that will feature Kia’s AI Assistant with ChatGPT that helps enhance the customer’s understanding, knowledge, and enjoyment of the vehicle4.
The EV3 incorporates the brand’s ‘Opposites United’ design philosophy that harnesses the creative tension generated by the divergent values of nature and modernity to deliver a harmonious whole. Inside and out, the EV3 balances emotional and rational elements, representing the ‘Joy for Reason’ design pillar.
The unique interior ‘living space’ features relaxation seats, clever storage solutions, sliding tables, expansive head and legroom, intelligent mood lighting, and nature-inspired colours to enhance the well-being of drivers and passengers on every journey. The seats include mesh-like headrests on ‘GT-Line’ and ‘GT-Line S’ variants for better ventilation and comfort.
The EV3, among many innovations, includes a new optional limited edition trunk liner, featuring a geometric wave reminiscent of waves and trash flowing into a net. The accessory is made from recycled materials, 40% of it recycled ocean plastic from the Pacific Ocean collected as part of the cooperation with The Ocean Cleanup. The seven-year partnership aims to find innovative solutions and contribute to a cleaner, healthier planet, enabling the removal of almost half a million kilogrammes of plastic from the Great Pacific Garbage Patch. The trunk liner is the first application developed through this partnership.
In addition, every EV3 features Kia’s 10 ‘must-have’ sustainable material solutions, such as bioplastics, recycled PET fabrics, and BTX-free paint. As part of its long-term sustainability strategy, Kia is aiming to have 20% of the plastics used in its vehicles come from recycled sources by 2030.
The EV3 is now available in Europe, and is on sale in the UK. In future Kia plans to introduce an all-wheel drive (AWD) variant, expanding the range of choice for customers beyond the current two-wheel drive (2WD) models
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