Hyundai Motor Corporation has introduced their smallest car Eon in October 2010. It is a four door five seat hatchback. It is a real challenge for maruti’s Alto. Hyundai can make Eon as the most selling car in India in the coming years. The car is shorter than Hyundai I 10. But it is correct for Maruti Alto, most selling car in India. Hyundai really eyes people who are buying car for the first time. Now Alto is the entry car for Indians. Both Tata Nano and Maruti 800 are not preferred now.
The price of the base model is Rs 269999 in Delhi Showroom. Price of top model is Rs 371869. It has an 814 cubic centimeter gasoline engine. According to the company, the mileage will be 21.1km. Eon is not disappointed in case of space. Large head lamps and fluid design are the big attraction of the vehicle. The top end model has the facilities of Central locking, Driver airbag, Power steering, Power windows, and Audio system. Hyundai sold 3560000 cars in India last year. They are optimistic to sell 150000 units of Eon in each year. So it may increase their sales by 40%. Hyundai has invested Rs 900 Cr for the development of Eon. Maruti is struggling by unrest labour problems. Eon may be a headache for the company. Eon may capture 25% market share in the entry segment. Maruti may loss a 5% market share in the entry segment. Alto has about 16% market share in all cars sold in India. Read More »










