Premium compact cars are climbing the value chain in the Indian car industry. Both the car manufacturers and the car buyers are eyeing at lucrative opportunities offered by the premium compact car segment. Manufacturers are witnessing the rising demand of such cars and buyers are rejoicing the symphony of practicality, versatility, and affordability offered by premium compact cars.
The market leader Maruti Suzuki has recently launched two new premium compact cars, A-star and Ritz. Other car manufacturers are gearing up to challenge Maruti with their stylish and powerful hatchbacks. The segment will definitely be abuzz with new car launches expected by almost all the car manufacturers.
Honda is to follow the bandwagon with its most awaited Honda Jazz whereas Hyundai will enter the segment with the diesel version of i20. Moreover, the Volkswagen Polo, Toyota Yaris, and Fiat Grande Punto are also in line to explore the premium compact car segment.
A number of small but expensive cars are continually sold in huge numbers in the international markets. And now the same trend is being witnessed in India with more and more buyers shifting from small cars and mid-sized sedans to the premium compact segment. Car manufacturers are now confident of attracting respectable numbers of premium compact car buyers in India despite of the expensive price tag.
Labels: Compact-Car-Segment, Honda-Jazz, Maruti-Suzuki-Ritz, New-Car, Premium-Compact-Car, Volkswagen-Polo
1 Comments:
Small cars are always the best option especially for the Indian streets which are really crowded. But now when the car companies blend luxury to the small cars it has acted like a double bonus to the people. I really like Skoda Fabia in the premium small car section and i am planning to buy one.
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