Thursday, June 24, 2010
Why Small Cars are the New Craze!
Small vehicles such as the Honda Civic and Toyota Corolla have been popular in the United States for many years. However, it has been mostly these two models that have taken a large share of the domestic small vehicle market. However, over the past few years domestic compact models such as the Ford Focus have been gaining in popularity. Chevy is also attempting to take a larger share of the compact car market in the U.S. with its new 2011 Cruze that can be maintained and repaired at a Cincinnati Chevy Service.
Abroad, small vehicles account for a much larger market share of global vehicle sales. With gas prices often being higher in many foreign countries than the United States, the fuel economy of small vehicles is hard to pass up for most consumers.
In the U.S., models such as the Focus, Fiesta, Civic, Jetta, Cruze, and Corolla will be battling for the largest market share for small cars that is anticipated to continue to grow domestically over the next few years. Most small car models are priced at around $16,000 or lower.
The new 2011 Cruze is priced at $16,995 and features several features such as Bluetooth, onStar, and 10 airbags. The Fiesta will be competitively priced at $13,320 and features a high gas mileage compared to other models. The Ford Fiesta has only been sold in Europe since its initial release and 2010 will see the first ever domestic Ford Fiesta.
With so many small car options to choose from, including models such as the Toyota Yaris and Honda fit, there will be a large competition for the global and domestic small car market. Time will tell who will emerge as the victor, however both the Fiesta and the Cruze look to be strong competitors against the more historically popular foreign models.
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