The days of fast gas guzzling cars are slowly but surely receding into the past. With increasing fuel costs and environment concerns taking precedence, automakers are focusing more upon environment friendly cars which have very low emission levels, and the cars are easier to afford. The latest market trend focuses upon cars which are ideal for short-range city commutation purposes. Vehicle manufacturers are also seriously considering alternative fuel types such as developing hybrid and electric cars. The concentration has shifted from power packed behemoths capable of hauling heavy payloads to more sleek and trendy looking sedan or SUVs which are easy to maintain, take up lesser parking space, offer better mileage, and which incur very less maintenance. Analyzing the emerging market trends, it would appear that car buyers now prefer affordable cars which go easy on the pocket, and it is possible to save upon the maintenance costs. Dailyjaguar.com
Changing market trends supported by auto makers
Auto manufacturers such as BMW, Audi, Volkswagen, and GM have lined up with electric versions of their short-range commuter models. The models are specially designed keeping in mind urban driving conditions. It is very difficult, if not impossible, to zip around in cars having very fast pickups and high revs in densely populated city areas often troubled by traffic jams. A commuter model, which can offer a better mileage, would be more preferable for daily commuters, and that is exactly what the manufacturers are concentrating upon now. Moreover, recent market surveys indicate fewer car buyers are opting for Formula One racer type sports cars, two-seaters, and single driver vehicles. People want more value for money, and family sedans capable of seating more individuals are distinctly preferred in lieu of sports models.
Hybrid cars to rule open roads
While electric versions are more preferred for commutation in cities, hybrids are taking precedence for long distance travelling. Jaguar, a well-known name in the field of automobile manufacturing, has introduced several hybrid models which are all set to fulfill long distance travelling requirements. The turbocharged V6 engines, once synonymous with traditional American roadsters, have been remanufactured to function using hybrid fuels. The hybrid market segment is eyeing the European car market, and most of their models will debut in several countries in Europe. Besides Jaguar, other automakers such as Ford and Chevrolet are launching their cost efficient hybrid variants in the United States and European countries. The surprising fact is surveys indicate America is still opting for roadsters, and fewer car buyers are asking for hybrid versions within United States. This is in antithesis because all hybrid models and variants of many car manufacturers have been primarily designed in the United States.
It now remains to be seen how these hybrid models will sell in the coming years. Even though there is an increasing demand for hybrid vehicles, many car buyers are still apprehensive about buying them. They don’t want to be the first to buy, but would rather wait for the feedback from other buyers before opting for such a model.