Kia next to raise NZ car prices

Kia next to raise NZ car prices

Kia Picanto

Kia Motors is the next car company to raise prices with an announcement this week. Kia stated that the dramatic fall in the value of the New Zealand dollar will mean the price of its new cars will have to rise.

Todd Mcdonald, General Manager of Kia Motors New Zealand says prices will increase in the first week of November and will probably be introduced in small increments, as vehicle shipments progressively arrive from Korea. He says rises will vary from model to model and will be between 4% and 11%.

But the good news is that some Kia models will remain at current prices for a few more weeks, until present stocks are exhausted. Most of these are likely to be sold before Christmas.

Kia Picanto

Kia Motors is the next car company to raise prices with an announcement this week. Kia stated that the dramatic fall in the value of the New Zealand dollar will mean the price of its new cars will have to rise.

Todd Mcdonald, General Manager of Kia Motors New Zealand says prices will increase in the first week of November and will probably be introduced in small increments, as vehicle shipments progressively arrive from Korea. He says rises will vary from model to model and will be between 4% and 11%.

But the good news is that some Kia models will remain at current prices for a few more weeks, until present stocks are exhausted. Most of these are likely to be sold before Christmas.

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