Black Book’s Market Insights report showed a decline in the used vehicle market, including compact car's 52-week steep decline.
Chevrolet's 2016 Cruze compact car enters its second generation with a model that's 250 pounds lighter than the outgoing model and is expected to return 40 mpg highway, General Motors has announced.
The overall fleet vehicle market depreciated by 12.1% over the previous year; however, the depreciation rate for cars was 14.8% and is expected to increase in 2015.
Ford is hoping to raise the bar in fuel efficiency among non-hybrid compact cars with its updated 2015 Focus by adding a new 1.0L three-cylinder EcoBoost engine.
General Motors has halted delivery of its 2013-2014 Chevrolet Cruze compact sedans equipped with 1.4L turbo engines, a company spokesman has confirmed to the Detroit News.
Ford Motor Co. will offer a more fuel efficient engine with its Focus compact car as an option for the 2015 model-year, the automaker has announced.
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