Everybody thought General Motors was on crack when it launched the Aveo back in 2003. Not particularly attractive or powerful, it did exactly what it was supposed to do -- drive for cheap. Little did the industry know that gas prices were about to blow up, and the image of the B-car as a European oddity was to blow up with them.
According to the Detroit Free Press, so far this year, B-cars are up 43 percent over last. The Honda Fit and Toyota Yaris are being sold by dealers above MSRP -- yes, really. True, the little cars only account for a mere fraction of what big trucks and SUVs account for, but the increase in sales is significant.
Styling is also a key element in this rise, as analysts say that the Geo Metros of years past have nothing on the trendy Fit or the sharp Nissan Versa.
[Source: Detroit Free Press]