Closing gap: Hyundai Eon vs Suzuki Alto
During launch of Hyundai Eon HMIL Managing Director and CEO H W Park rightly said that "Eon has been specifically built keeping in mind the varied Indian conditions and special requirements of the customers here. It will further expand our market share in the fast-growing small car segment in the Indian market," No doubt they are rapidly closing the gap with Maruti Alto, 50,000 Eon sold in just 5 months confirmed by Hyundai on CNBC Awaaz today.
In October'2011 during launch of Eon Hyundai had set a modest target of 7,000 units per month despite of the fact that the Eon was launched with a petrol engine in a market where buying sentiments are dwindling, the little wonder has managed to mop up 6,315 orders. In the same month, Maruti Suzuki has posted the lowest ever sales of the Alto – just 15,197 units. Sure, a considerable amount of the Maruti Suzuki management’s attention was focused on solving the labor crisis and the production stoppage due to it.
Though gap is still quite wide open, in Jan'12 Suzuki sold 32965 Alto compare to mere 7,344 Eon but Eon is growing whereas if we see the Dec'11 figures Suzuki manage to sell 24,113 Alto compare to 6,223 Eon we can see tremendous growth of Hyundai Eon and in coming years Hyundai Eon can give Suzuki Alto run for money until unless Suzuki comes with some unique and different strategy to counter Hyundai.
Request to mods: Kindly merge the post if thread already exist.
During launch of Hyundai Eon HMIL Managing Director and CEO H W Park rightly said that "Eon has been specifically built keeping in mind the varied Indian conditions and special requirements of the customers here. It will further expand our market share in the fast-growing small car segment in the Indian market," No doubt they are rapidly closing the gap with Maruti Alto, 50,000 Eon sold in just 5 months confirmed by Hyundai on CNBC Awaaz today.
In October'2011 during launch of Eon Hyundai had set a modest target of 7,000 units per month despite of the fact that the Eon was launched with a petrol engine in a market where buying sentiments are dwindling, the little wonder has managed to mop up 6,315 orders. In the same month, Maruti Suzuki has posted the lowest ever sales of the Alto – just 15,197 units. Sure, a considerable amount of the Maruti Suzuki management’s attention was focused on solving the labor crisis and the production stoppage due to it.
Though gap is still quite wide open, in Jan'12 Suzuki sold 32965 Alto compare to mere 7,344 Eon but Eon is growing whereas if we see the Dec'11 figures Suzuki manage to sell 24,113 Alto compare to 6,223 Eon we can see tremendous growth of Hyundai Eon and in coming years Hyundai Eon can give Suzuki Alto run for money until unless Suzuki comes with some unique and different strategy to counter Hyundai.
Request to mods: Kindly merge the post if thread already exist.