Podcast Episode: 0112 |
| Today more than ever, we are seeing an influx in the amount of small vehicles. But why is this happening, when some countries seem that they don't require them at all. Is there enough demand everywhere for these products? There is a reason for why these micro utility vehicles exist and AutoLooks is here to talk about it. |
Micro vehicles have been with us for a long time, so its not really something new to see around. But our growing CUV marketplace along with growing economies in developing nations is putting more demand on this market. So, what is a market to do, when entry level customers want a soft roader? They build it.
A lack of good roads in some of the developing nations around the world, along with over congestion, is putting strain on our road networks. And with more lower class individuals wanting in, auto companies are now looking at the bottom end of the market. Because we all know, that where there is money to be made, the big players will always be there.
Today the Micro CUV market is growing faster than it ever has before and even in some of the biggest markets as well. So, why is this happening? That is an answer which AutoLooks uncovers on this podcast.
Everett J.
#autolooks
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