GM won't go after micro-car segment

General Motors of Europe has looked the market potential for tiny cars like the Smart ForTwo, Volkswagen up! and Toyota iQ and found it wanting. Small cars like these are great in a strictly urban environment but they aren't very appealing for other applications. Even after ten years on the market, the Smart has never topped 100,000 sales in a market it has had to itself. Given what it sees as limited demand, GM has no current plans to develop a production car based on the Opel Trixx Concept it showed in 2004. According to GM Europe President Carl-Peter Forster, they will Instead stick to slightly larger cars the size of the current Daewoo Matiz and the future Chevy Beat.

[Source: Automotive News - Sub. req'd]