Mediocre Car priced very high!!!!

Can Toyota tell us why is this car priced so high? The new Honda City v CVT variant with a lot of features and the fab engine is priced similar to J CVT variant of Yaris. Funny that a car with absolutely no feature with mediocre power priced so high. Toyota never took Yaris seriously in India market. Even if we enquire about Yaris we hardly get back any call from dealers now. This shows its end of never started story of Yaris. Toyota went completely wrong with Yaris in India.