2012 Was Year of the Small Car
Small vehicles resonated with new-vehicle buyers in 2012, partly due to higher prices at the pump during the year, according to J.D. Power and LMC Automotive.
Check out the best-sellers according to collected data.
Compacts accounted for some 5.97 million unit sales, or 41.3% of the market in 2012, up from 5.08 million unit sales in 2011 or 39.9% of the U.S. auto market. This represents a 1.43-percentage point share gain in 2012, according to data collected by J.D. Power and Associates’ Power Information Network® (PIN) and strategic partner LMC Automotive.
Among the compact segments,Compact Sport and Sub-Compacts were the best performers in 2012, achieving a 39.3% and 33.1% increase over 2011, repsectively. More than 571,400 sub-compacts were sold and market share rose by one-half point to slightly less than 4% (3.95%). Two new models joined the category for 2012—Chevrolet Spark an, Toyota Prius C . The best seller in the segment was the Nissan Versa, followed by the Chevrolet Sonic and the Hyundai Accent. In addition, Fiat 500 sales more than doubled, and even the tiny Smart car sold nearly twice as many units in 2012 as in 2011.