Currently sx4 top variant in petrol costs around 7,46,000 ex-showroom new delhi,even if they come out with a 1.6 diesel engine,the price should not be more than 8,20,000-8,30,000 and for 1.9 it should be around 9 lakhs so that it can take on competitors like chev-optra,honda accord.
I never doubted the capabilities of SX4.It is a very capable car,but lacks a good diesel variant.I beleive that because maruti is in a very safe and sound position,hence it is not pushing the matter as hard as it is required to be.
As far as the market consciousness is concerned,back in the late 1990's,when honda had lauched its city model-no one knew the car or the brand name that well.But still people went on to buy that car because it was fullfilling the purpose of the market at that time-Differentiating and making the upper richer class of our country feel special from the lower one.
This led to the sucess of honda city(apart from a brillant car and good A.S.S).They were able to introduce a whole new segment were they weere going to rule for the next decade so.
In bussiness sense it is called "FIRST MOVER ADVANTAGE".Remember,honda city was also expensive as per the levels of those days but they showed the grit and courage to do so.For me,maruti who already had a very strong market presence at that time could have launched a good compitive car in that segment(may be a car on the lines of feista)which would have done wonders for them.
I would like to say it this way-"SOME ENTREPRENEURS LIKE TO SET THE MARKET TREND AND THEIR ARE OTHERS WHO LIKE TO FOLLOW THEM".
Though,now they have started to show some purpose by introducing a new car in the big sedan segment with their "Maruti Kizashi" to take on toyota altis,skoda laura and vw jetta but i still have problems with their PACE.