Vios be it 1.3 or 1.5 can never hit resale of any Corolla variant because its a smaller car. It competes with city.
A courageous move I would say by Indus because by discountinuing their hot selling item they have come in direct competition with Honda city with Vios.
1.3 Corolla as of now does not have any competition directly due to lack of 1.3L car in Compact sedan category by other automakers.
Pricing of Vios will decide its fate and market share. If its priced above city I dont think IMC will be enjoying the same market share in 1.3L segment again.
I forsee exhorbiitant premiums and abundant booking orders on Honda city.