Home / Front Page/ Kia Motors revs up for growth with Rs. 800 m Malabe complex as nucleus

Kia Motors revs up for growth with Rs. 800 m Malabe complex as nucleus


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 28 August 2019 00:00

Facebook

The KIA Logistics Centre at Malabe 

Top Korean nameplate KIA is to strengthen its presence in Sri Lanka with a distributor dealership model following the recent corporate structure change which saw Managing Director Mahen Thambiah securing 100% ownership with a total investment of Rs. 1.02 billion.

Mahen Thambiah



The seamless transition has been achieved with no reduction in employee numbers or changes of key personnel and will enable KIA to introduce exciting new vehicle models that are competitive in the current market dynamics, while enhancing aftersales service levels for existing KIA owners, Thambiah said.

With its new Rs. 800 million Logistics Centre in Malabe as the hub for a network of owned subsidiaries and franchised satellite sales, service and spare parts outlets, the new operational structure is designed to drive a new phase of growth for KIA, one of the most popular automobile brands in the country, he said.

The recently opened state-of-the-art Logistics Centre offers KIA customers all their vehicle-related needs at a single location and is Kia’s largest facility in Sri Lanka. The 70,000 square foot complex on 3.4 acres of land is purpose-designed to provide the full gamut of service needs, mechanical and collision repairs, spare parts and mechanic training, and also has a spacious showroom.

Located at No. 168 on the New Kandy Road at Malabe, the centre has allocated 14,800 square feet for its showroom, 12,400 square feet for a central warehouse for spare parts, 16,850 square feet for a cutting-edge mechanical repair centre, 19,220 square feet for a collision repair centre, and 5,500 square feet for a technical training centre.

“Our decision to spend Rs. 800 million on service, repair and aftersales infrastructure at a time when the local market is faced with numerous challenges is a reflection of our commitment to KIA vehicle owners in Sri Lanka and to the KIA brand,” Thambiah said. “With this facility in place, we are ready to begin the roll out of the next phase of expansion, which will encompass existing dealerships and new franchises.”

In addition to Malabe, Kia Motors (Lanka)’s subsidiary ‘Autopoint Limited’ has made a Rs. 150 million investment in a facility at Kurunegala designed and equipped to international standards. It is currently being improved and expanded according to the guidelines stipulated by KIA. It offers a spacious showroom for sales, service and spares for regular maintenance as well as light repairs at a prime location on the Colombo-Kurunegala road. 

The Kia Motors (Lanka) sales and service network will be spearheaded by the Company’s wholly-owned subsidiaries Carplan and Autopoint as 3S dealers, providing Sales, Service and Spare parts from one location. Additionally, other appointed dealers will ensure serviceability throughout the island. 

Besides its showrooms in Malabe and Kurunegala, Kia Motors (Lanka) has showrooms in Matara and Batticaloa, has appointed Service Dealers in Colombo, Batticaloa, Ampara, Galle and Ratnapura, and franchised Spare parts dealers in Colombo, Moratuwa, Gampaha, Kandy, Ratnapura, Anuradhapura, Batticaloa and Matara.

The next phase of expansion, supported by the arrival of new KIA models would provide opportunities for more franchises to be opened in different parts of the country, Thambiah said.

The KIA range sold in Sri Lanka by Kia Motors (Lanka) comprises the iconic KIA Sorento and KIA Sportage SUVs, the KIA Optima luxury sedan, the KIA Cerato mid-sized sedan, the KIA Rio subcompact sedan, the KIA Soul compact SUV, the KIA Picanto compact car and the KIA Grand Carnival Multi-purpose Vehicle (MPV). 

 


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

State of the economy of Sri Lanka

Saturday, 21 September 2019

I am not an economist nor do I profess to be an economic analyst. The views expressed in this presentation are those of a layman who has always been interested in the economic progress of Sri Lanka.


Premadasa, Père et Fils

Saturday, 21 September 2019

We are what time, circumstances and history has made of us. We are trapped in history. At age 77, I refuse to trap history in my mind. This essay is an obligation to history. Although J.R. Jayewardene introduced ‘Executive Presidentialism’, coer


Economy, business community and the Prime Minister

Friday, 20 September 2019

The speech made by Prime Minister Ranil Wickremesinghe as the Chief Guest of the Sri Lanka Economic Summit 2019 deserves very careful consideration by the country due to several reasons. This will no doubt be his last speech on economic policy to be


Sri Lanka needs to invest more on soft infrastructure

Friday, 20 September 2019

Developing countries like Sri Lanka will have to prepare for further downside risks in 2020 with the growing debt problems and the growth problems in Europe and the slowdown in Asia. Slower growth is already visible in weakening global trade and comm


Columnists More