Kia launched; The second largest car manufacturer in South Korea, today, Thursday, the K8 sedan, the first model to carry its new logo, in the domestic market
The car comes with a choice of 2.5-liter and 3.5-liter petrol engines, and a 3.5-liter LPG injection engine. Another model will be launched with a 1.6-liter hybrid petrol engine next month, the company said in a statement.
Kia received 24,000 pre-purchase orders for the new sedan during the previous 12 working days, thus achieving 30% of the current year’s sales target of 80,000 cars, according to it.
“The company expects that the production of” K8 “will be affected by the shortage of memory chips, but will do everything in its power to deliver the ordered cars without much delay, according to a company official.
Kia plans to launch the new model in overseas markets during the second half of the year, according to him.
The car price ranges from 33 million won to 45 million won ($ 29,000 to $ 40,000), depending on the accessories.
In January, Kia changed the company’s name from Kia Motors to Kia, separating the brand from its traditional manufacturing-centered business.
Follow the economic statement via Google News
