Compact car based on Hornet coming in 2010
Thomas Hausch, Chrysler ’s vice president for international purchasing said that the company will unveil a compact car model based on the concept car Hornet in 2010. "We are working intensely on the Hornet study," Hausch said. "I think we will announce something on this in the future."
The future compact car will be available in Europe, the United States and other markets.
More and more companied go on smaller cars as soaring gasoline prices weigh on demand for gas-guzzling SUVs and pickup trucks in the U.S. Also building compact cars may help reduce their dependence on the U.S. market, where the financial market crisis and high gas prices have led to a slump in car sales in past months.
Source: Automotive News