Compact segment marketshare growing

Small cars, such as this VW Tiguan continue to gain U.S. market share

Compact vehicles continue to gain marketshare according to data from the Power Information Network (PIN), a division of J.D. Power and Associates, rising from 27.9 percent in 2005 to 31.2 percent in 2006 .

"Growth in the compact vehicle segments is being driven, in part, by an increase in the number of models and the popularity of small crossover vehicles," said Tom Libby, senior director of industry analysis at PIN.

"It will be interesting to see if prices stabilize at or below $2.00 a gallon, whether we see a return to larger vehicles," said Libby. "I don't think we will."

(Source: Car&Driver)