Stonics price range might be comparable to Yaris and City, But its definitely not a competitor, Just like Sportage buyer buys it out of shashka only (Sportage has lesser ground clearance then a Yaris).
Stonic buyers dont need a car to fit in their family, Its a luxury car for many who have the budget and don't want to buy the usual City, Civic, Corolla, Yaris.
KIA is putting a car in every budget and changing the game with a different product offering.
Picanto is killing the masser (Cultus, Wagonr, Swift, Alto even Vitz)
Sportage upgraded Civic / Corolla buyers and giving lesser budget buyers a brand new car over 10/20 year used Jeeps.
The End of Corolla Xli opened up venues for City to increase its price, Changan and Proton to bring smaller sedans in the market so definetly space for a smaller Cross Over.
People have been purchasing Vezels and Audi Q2s for a much larger amount of money.
Stonic is possitioned righly unless another player enters the market, Honda Pakistan is expected to come up with a local HRV but if HRV comes locally assembled it would be a older generation and pricier then the BRV, Stonic is atleast a fresh sight to look at.