I thought to give a small comparison with the pricing.
Below is the price of the top ends(I'm referring to OTR price in chennai)
Chevy Beat LT - 5.88 L (Has got Tilt Steering, ACC, Music system with USB AUX input, Boot lamp, Rear wiper and defogger)
Chevy Beat LT(Optional) - 6.44L (Includes ABS, Airbags an Alloys)
Maruti Ritz VDi - 5.97 L (Has got nothing I mentioned in Beat LT except for the boot lamp)
Maruti Ritz VDi ABS - 6.22 L (Name states it has got ABS)
Having said that if we compare the above, prices are more similar, but beat has got lot more goodies. I would say if Maruti revises the prices of Ritz Vdi then the Beat will have huge impact in sales.
Else if Maruti add the goodies to Ritz for the same price then it would revolutionarize the sales. Maruti being top in ASS and the kind of reputation it has got, it can become a leader in the segment. Beat would have to fight hard to catch it up with its puny engine.