Carmakers bank on small SUVs as next big thing
Geneva: Carmakers are banking on the fast-growing demand for small SUVs to earn new customers in the US and help turn around their businesses in Europe's still-fragile market.US carmaker Chrysler's Jeep brand launched the Renegade
Geneva: Carmakers are banking on the fast-growing demand for small SUVs to earn new customers in the US and help turn around their businesses in Europe's still-fragile market.
US carmaker Chrysler's Jeep brand launched the Renegade and France's Citroen introduced the funky Cactus at the Geneva Auto Show. And they are just the start of a long list of carmakers looking to 'come to the party,' said IHS analyst Tim Urquhart.
They are coming big and small. Mighty Volkswagen, aiming to become the globe's No 1 automaker by 2018, has rolled out the concept T-Roc. The market for small SUVs is growing just about everywhere across the globe.
US carmaker Chrysler's Jeep brand launched the Renegade and France's Citroen introduced the funky Cactus at the Geneva Auto Show. And they are just the start of a long list of carmakers looking to 'come to the party,' said IHS analyst Tim Urquhart.
They are coming big and small. Mighty Volkswagen, aiming to become the globe's No 1 automaker by 2018, has rolled out the concept T-Roc. The market for small SUVs is growing just about everywhere across the globe.