With gas prices nearing $ 4.00/ gallon, many Americans are shifting to smaller, more economical compact and subcompact cars. For the month of April 2008, one of every five cars sold in total were small cars.
How drastic is the shift in demand for smaller vehicles?
Consider this: For the first time, four cylinder vehicles have outsold their V6 counterparts.
In the small car category, the top ten best sellers are:
1. Toyota Corolla/Matrix: 32,435 units sold
MSRP: $ 14,405 - $16,415/ $15,410 - $ 17,720
Corolla: 28 MPG city/ 37 MPG highway, Matrix: 30 MPG city/ 36 MPG highway
2. Honda Civic: 31,710 units sold
MSRP: $ 15,010 - $22,460
25 MPG city/ 36 MPG highway
3. Ford Focus: 23,850 units sold
MSRP: $ 14,660 - $ 16,835
24 MPG city/ 35 MPG highway
4. Chevrolet Cobalt: 18,636 units sold
MSRP: $ 13,925 - $ 19,210
24 MPG city/ 33 MPG highway
5. Toyota Yaris: 11,434 units sold
MSRP: $ 11,350 - $ 14,450
29 MPG city/ 36 MPG highway
6. Hyundai Elantra: 9,981 units sold
MSRP: $ 13,625 - $ 17,325
24 MPG city/ 33 MPG highway
7. Mazda3: 9,234 units sold
MSRP: $ 13,895 - $ 20,845
24 MPG city/ 32MPG highway
8. Nissan Sentra: 8,842 units sold
MSRP: $ 15,830 - $ 20,260
25 MPG city/ 36 MPG highway
9. Dodge Caliber (compact wagon): 8,825 units sold
MSRP: $14,000 - $22,435
24 MPG city/ 29 MPG highway
10. Kia Spectra: 8,406 units sold
MSRP: $12,895 - $16,995
23 MPG city/ 30 MPG highway