Hyundai has most likely bid a goodbye to the Eon, the small hatch which served as Hyundai’s entry level car since the departure of the Santro from its line-up 5 years ago. But with the Santro back as new generation, it seems that the Eon is no longer needed.
The Eon was priced aggressively and used to garner a healthy average of ~4,000 units per month in sales. It was a rival to the likes of Maruti Alto.
However, since the start of production of the 2018 Hyundai Santro, speculations were ripe that Hyundai might be planning for the exit of the Eon from the Indian market. This could be because of the limited plant capacity the South Korean automaker has in its Chennai plant.
As per expectations, the 2018 Santro had received good bookings (over 23.5k before the official launch). As of now, over 45k bookings have been made of new Santro, and the car is registering healthy sales of 10k units per month. Having Eon in the line-up might have been hurting its ability to produce enough Santro’s for the expected demand.
Eon was first launched in 2011. During the last 7 years. Hyundai dispatched just 5 Eons in October’18 and a single unit in November’18. Now, it won’t be a surprise if Hyundai officially discontinues the Eon by the end of this year. The fact that Hyundai had offered massive discounts of up to Rs 60K on the Eon, ahead of Santro’s launch further reinstates more weight in the argument that it is probably time to bid adieu to the Eon!
The departure of Eon was bound to happen in any case as tougher safety norms and emission norms are about to kick-in from next year and the current generation Eon wouldn’t have been able to meet them. However, the sales numbers seem to suggest that the exit is going to happen sooner than expected.