Reference - Businessweek:
Vehicles which were down in sales by as much as 5% last year have seen an eighteen percent jump in sales in the first half of 2008 because of the extraordinary gas prices. GM cobalt and Honda Fit are two such examples.
GM Cobalt
The tame little Cobalt has a 2.2-liter, four-cylinder engine that gets an EPA-estimated 24 mpg city/33 mpg highway, making it one of the most fuel-efficient cars for sale in the U.S. And, with a base sticker of $15,010, it's one of the cheapest too.
Honda Fit
The tiny Fit (BusinessWeek.com, 8/21/06) from Honda (HMC), for example, which has seen a staggering sales increase of 67.4% in the first half of 2008, takes nine seconda to go from zero to 60, and merging into traffic is not for the faint of heart. But the $14,000 subcompact does get a combined 31 mph combined city and highway, according to the Environmental Protection Agency.
For a complete list of the cars with a mileage of 30 and more click here.
According to the article, till a year back, the normal perception was that European car models are different and are not meant for US car market. However today, the reality has changed. More and more European car models are being imported into US, especially the small cars. Chevy is bringing in two models (aveo and beat) from its manufacturing base in S. Korea. The article also states that this leaves Chrysler at a disadvantage because it has almost no footprint overseas. Chrysler, it says, plans to import vehicles manufactured by Nissan.
Vehicles which were down in sales by as much as 5% last year have seen an eighteen percent jump in sales in the first half of 2008 because of the extraordinary gas prices. GM cobalt and Honda Fit are two such examples.
GM Cobalt
The tame little Cobalt has a 2.2-liter, four-cylinder engine that gets an EPA-estimated 24 mpg city/33 mpg highway, making it one of the most fuel-efficient cars for sale in the U.S. And, with a base sticker of $15,010, it's one of the cheapest too.
Honda Fit
The tiny Fit (BusinessWeek.com, 8/21/06) from Honda (HMC), for example, which has seen a staggering sales increase of 67.4% in the first half of 2008, takes nine seconda to go from zero to 60, and merging into traffic is not for the faint of heart. But the $14,000 subcompact does get a combined 31 mph combined city and highway, according to the Environmental Protection Agency.
For a complete list of the cars with a mileage of 30 and more click here.
According to the article, till a year back, the normal perception was that European car models are different and are not meant for US car market. However today, the reality has changed. More and more European car models are being imported into US, especially the small cars. Chevy is bringing in two models (aveo and beat) from its manufacturing base in S. Korea. The article also states that this leaves Chrysler at a disadvantage because it has almost no footprint overseas. Chrysler, it says, plans to import vehicles manufactured by Nissan.
