American consumers are thinking "small" - - Styling & Performance

American consumers are thinking "small"

Source: Aftermarket Business

A new study on the future of small cars in the United States shows American consumers are increasingly interested in smaller cars, but with reservations about size and features. The study underscores the challenge automakers face in trying to meet government mandated improvements in fuel economy while still delivering what consumers want and will buy. Many carmakers have recently introduced new, smaller cars to the market and are launching more in the future.

"Our research indicates that American car buyers are definitely willing to buy a more fuel-efficient car, but that they don't want it to be much smaller than what they are driving today," says George Peterson, president of AutoPacific, the research firm behind the study. "Tomorrow's successful small car won't be tiny. It will be reasonably sized, have increased fuel economy, adequate performance and a full load of customer features."

AutoPacific's study — "Small Cars in the USA — Planning for the Coming Boom" — is based on the results of AutoPacific's annual survey of over 32,000 new car and light truck buyers in the United States. The study closely looks at recent buyers of new small and mid-size cars plus people who will consider a compact car the next time they buy. The study details who has bought and will buy smaller cars, what was important to them in their recent purchase, how satisfied they are with their present vehicle and what changes they would make to their car.

"This survey shows that present owners of the smallest cars like the Toyota Yaris, Honda Fit and Chevrolet Aveo want more power and acceleration, more technology and more cargo room next time they buy," says Peterson. "Whey they bought these cars they accepted lower power and cargo room for better fuel economy and a high value price, but in the future they want something more — bigger, faster and with more bells and whistles."

The AutoPacific small car study was undertaken to determine what buyers want from their future cars, including size, engine, transmission and attributes like entertainment features, luxury features, in-vehicle communications and comfort and convenience features. "The question is whether American car buyers will avidly embrace smaller size new products," Peterson says. "In our Motorist Choice Awards polling, released last month, 106 or the top 107 were large cars, luxury cars, sport utility vehicles, crossover SUVs or minivans. Only one small car, the BMW 1-Series, scored in the top 100, landing in the 35th slot."

AutoPacific is a future-oriented automotive marketing research and product consulting firm. Every year AutoPacific publishes a wide variety of syndicated studies on the automotive industry. The firm, founded in 1986, also conducts extensive proprietary research and consulting for auto manufacturers, distributors, marketers and suppliers worldwide.

 

post a comment
Your email address will NOT be published.
appears with your comment
read our privacy policy
Note: does not support HTML
All comments submitted are subject to review, and may be delayed before posting. We reserve the right not to post comments.
Survey
What product areas do you see growing most in 2009?
Brake Systems
Collision Repair Parts
Exhaust/Emissions
Hand & Power Tools
Instrumentation
Oil & Lubricants
Performance Products
Sound/Audio/Electronics
Steering & Suspension
Tires & Wheels
Brake Systems
26%
Collision Repair Parts
5%
Exhaust/Emissions
7%
Hand & Power Tools
3%
Instrumentation
0%
Oil & Lubricants
11%
Performance Products
8%
Sound/Audio/Electronics
8%
Steering & Suspension
18%
Tires & Wheels
13%
View Results
E-News envelope

Check the e-newsletter(s) you would like to receive.

Rollover each title for information.

Distribution - Anyone interested in auto parts issues will enhance their business by subscribing to our Distribution newsletter from Aftermarket Business World. Published every Tuesday and Friday.
Collision Repair - Our Collision Repair newsletter from ABRN provides up-to-date news, innovative products, technical discussions and shop management features designed to enhance your business. Published every Tuesday and Friday.
Service Repair - Sign up today for Service Repair news from Motor Age. Benefiting auto technicians, this e-newsletter provides the latest news and analysis, technical automotive service information and business management tips. Published every Monday and Thursday.
Certified Technician - Professional automotive technicians and parts distributors seeking aftermarket products should sign up for the Certified Technician e-newsletter. This is your source for information about the latest tools, equipment and parts that can help you better service your customers. Published every Monday and Thursday.

Source: Aftermarket Business,
Click here