Hyundai EON price in India and fetures at a glance
Bringing it highly efficient and low cost car, Hyundai EON price in India is just Rs. 2,5 lac. Comparing with other similar cars in the market, Hyundai EON price in India is very affordable as well as competitive. This is latest effort by the company to target the price sensitive consumer base.
Hyundai EON price in India is targeted at middle income households and professionals who look for feature reach car for travel but at reasonable price. So far companies have been launching cars in the price range of Rs. 4-5 lacs. Hyundai EON price at less than Rs. 2.5 lac will heat up the competition in lower level of market.
Hyundai EON price is targeted to position itself as people's car given the fact that majority of the customers in India prefers cars in this range. In the past Maruti Suzuki was the main player in the segment. The foreign players were not able to match the pricing of Maruti due to their heavy cost structure.
Some of the foreign players have shifted their production plant to India which has helped them to reduce cost significantly. Hyundai EON price in India is low mainly due to this factor. Also by manufacturing in India, companies are able to save the custom duty which is heavy for many of the imported cars.
The new Hyundai EON will bring a new brand image for the company. Also it will help to position the car in a segment which was not possible for Hyundai India with its high price cars. The low price segment in India is expected to provide fastest growth in coming future. Most of the companies are now bringing low price small cars to tap this segment.
With high growth potential, Hyundai EON price offers good scope for the company to improve its market share. The car is all the latest safety and comfort features even at this low price to keep it attractive.
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Rajni writes articles on Mahindra XUV 500 price in India