It is in the recent times that the craze for smaller vehicles has increased. In Asia the old joint family structure is breaking.
A new generation of young people is emerging who have brought radical changes in the family values and the structure of a family which has become smaller and fissiparous. Thus, the need was felt for a smaller car, which is suitable for a modern family, comprising of parents and two children.
Most well known auto manufacturers are therefore putting their efforts in designing smaller cars with a low fuel consumption and also down to earth cost. This race was fuelled in the seventies when the OPEC cartel had hiked petroleum prices.
The New Ford Fiesta is the second vehicle which Ford is bringing out in the small car segment. Ford has tried to outsource a lot of manufacturing costs by opening units in Brazil, Argentina, Mexico, Venezuela, China, India and South Africa.
Having cut costs Ford has passed on all the benefits to the customers making it very competitive and affordable in the small car section. The New Ford Fiesta is a front wheel drive super small family car and is marketed in most countries of the world including Japan, Australasia and the Americas.
While the New Ford Fiesta has been creating ripples all over the world, the company has different plans for emerging markets like India and South East Asia. It has launched two new vehicles which are suited to the local markets in the form of Diesel and petrol variants. The petrol variant is for the up market customers who want power with speed while the diesel version is for those who value fuel economy since turbo Diesel engines have better mileage.
This is particularly important in future as the world price of fuel is bound to rise as these two economies -China and India will be gobbling up larger shares of the global crude production to fuel their economic growth to 8 or 9 percent. These two economies are also very attractive destination for used or second hand ford fiesta sales.
Used cars is offered by Cars for Sale Ireland, so for more informations or other resources on the topic, please check out those directions.
