With the ongoing global financial crisis and the economic recession hounding particularly the United States of America, the largest share holder of the world market, it is only but wise for most Americans to be practical in the way they spend their money. Just like, for example, in buying cars. Some consumers right now opted to buy cars that are economical yet the quality is not being put aside.
Due to the latest trend in the market and the economic turmoil, car manufacturers adjust with the idea of making affordable yet high-quality vehicles. Emerging right now are what we called the “economy cars.” Although this kind of cars has long existed already, it is now being considered a must-have nowadays.
What is an “economy car?”
An economy car is designed in such a way that it is equipped just for low operational costing. This is primarily ideal for personal use. Originally, economy cars are small, cheap in price and light in weight. However, as time progressed and with the inventions of state-of-the-art technologies, economy cars are also being “revolutionize” in such a way that it has become bigger in size and newer features that adopt with the daily demands of this digital age.
The Toyota iQ car model, for example, is a perfect example of a modern economy car. It can accommodate four adult passengers with its dimension of 117.5-inch long, 66.1-inch wide and 59.1-inch tall. It was designed with flat under a floor fuel tank and a feature that maximize floor space through its specially placed steering rack and final drive.
Furthermore, the latest economy cars have features that minimize its carbon dioxide emissions. This is actually the latest automobile trend in the market, especially on the call for more environmentally friendly products. Some economy cars use hybrid power or electricity driven power. Aside from helping the environment through less emission of carbon dioxide, hybrid cars also help people in their gas expenses since it does not require gas oil for its functionality. This is helpful, especially on the expensive amount of gas and energy in the market.
Examples of hybrid cars now in the market are Toyota Prius, Ford Escape, Toyota Highlander Hybrid, Chevrolet Tahoe and Cadillac Escalade. Hybrid cars, however, vary on its power source. There are those that rely on its internal combustion engines and electric batteries for it to run. Its engine is composed mostly with diesel gasoline and mixed with other varieties of fuels. One famous kind of hybrid cars nowadays is the PEV (plug-in electric vehicle). The batteries of this kind of car can be charged in the residential electricity, or it can be charged also while the engine is running.
With the growing demand of economy cars, it will not be a surprise in the near future that more economy cars will be invented with the latest features that adopt with the growing technological advancements. It still remains as a challenge among manufacturers of economy cars to retain the small size of economy cars yet maximizing its space for passenger occupancy and for other car parts. It is also a challenge to retain its light weight and low operational cost yet its ride quality, performance and durability can still be likened that of the conventional cars in the market.