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These new cheap cars proved to be in high demand in 2024
Low-cost models from Nissan, Mitsubishi, and Kia proved to be in high demand in the new car market in 2024 and caused a real splash. The cars have demonstrated excellent sales performance. However, manufacturers are not sure about the future of such cars.
The details became known to Motor1. In the key US market, Nissan Versa is the company's cheapest model. The compact sedan has shown a 64% increase in sales since the beginning of the year compared to 2023.
29,302 units of it has already been sold. Such outstanding performance is attributed to the weakening demand for electric vehicles and the Japanese company's attractive prices. The price of the Nissan Versa in the United States starts at $18,330.
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 units of the budget model. Mitsubishi Mirage costs $17,480.
The Kia Forte budget sedan increased its popularity by 6%. The model has sold 101,093 units in the United States since the beginning of 2024. The price of the Kia Forte starts at $21,145.
At the same time, manufacturers are planning to discontinue such models in the future. High demand for crossovers and SUVs is the main reason. Automobile companies are trying to adapt to new market conditions at an accelerated pace, so classic four-door models may become victims of this option.