The cheapest cars are being taken away from buyers: what awaits the car market

Despite the fact that average car prices have recently fallen, manufacturers have decided to take away the cheapest cars from buyers in the near future. This will affect the car market.

The details are reported by Carscoops. They drew attention to the US market as the most indicative region, which is the most profitable and attractive for automakers.

The average price of a new car in the United States fell to $48,397. However, the segment of the cheapest cars is shrinking. However, buyers are showing great interest in budget cars. Even in America.

For example, sales of the Mitsubishi Mirage in the United States in 2024 grew by 114%, more than doubling. Since the beginning of the year, the company has sold 20,024 copies of the budget model. The most popular model was only the Mitsubishi Outlander crossover with 35,629 units.

It was decided to abandon this model and replace it with another car. At least this information was reported earlier. In Japan, sales have already been curtailed, and the US will do the same by 2025. In Europe, the Space Star (the local version of the Mirage) will be replaced by the basic version of the Mitsubishi Colt, which is a copy of the Renault Clio.