When General Motors launched the Chevrolet Volt back in 2010, the plug-in hybrid increased GM’s market share by bringing customers to the brand who would have never before thought of purchasing a Chevy.
Now it seems, the 2013 Spark is following in the Volt’s tire tracks.
According to Automotive News (subscription required), Chevrolet’s new minicar is proving a real magnet for first-time Chevrolet customers looking for a cheap, fuel-efficient car.
These so-called ‘conquest’ buyers -- customers who are new to GM -- account for 54 percent of all Spark sales.
It isn’t just college kids -- one of the Spark’s key target markets -- who are buying the $12,995 minicar either. While 30 percent of buyers are under 35 years old, GM is finding everyone from seniors to soccer moms want one.
And it isn’t just large cities on the east or west coast, either.
The 2013 Spark is even proving popular in areas traditionally dominated by pickup trucks.
As Automotive News reports, one dealer, located just outside Austin, Texas, has sold all 16 of its launch allocation of 2013 Sparks.
More used to selling pickups than it is cars, the dealer has promptly ordered another 25 Sparks.
Aside from sales, which are already much higher than GM initially thought they would be, the funky hatchback is also helping other GM sales too.
Just as dealers discovered with the Volt, customers who come into Chevrolet dealers for the first time to test-drive a Spark may end up buying another Chevy instead.
Just like the Volt, the Spark is a halo car for the rest of the Chevrolet brand.
A small, fuel-efficient Chevrolet enticing car buyers away from other brands, and perhaps even helping Chevrolet sell other cars as well?
The dawn of the American minicar might have finally arrived.
+++++++++++
Follow GreenCarReports on Facebook and Twitter.
Have an opinion?
How many of the current minicars or subcompacts sold in the U.S. are made here? A couple may actually be compacts, these are just from memory...
Fiat 500: Mexico
Spark: S. Korea (as well as India, China, etc. for other markets)
Scion Xb: Japan
Hyundai Accent: S. Korea
Ford Focus: US
Ford Fiesta: Mexico
Toyota Yaris: Japan
Honda Fit: Japan
Chevrolet Sonic: US
In most cases, vehicles were both engineered and built outside the U.S. So, your point would be...? That GM does what every other OEM does, but actually builds here more than its competitors in the smallest vehicle categories...?
If this were GM or Ford, the attacks would be immediate. Hyundai starts with an already low percentage of vehicles made here and it's dropping, not increasing. Thanks Hyundai/Kia! At least the D3 cars made in Mexico provide engineering jobs here.
Also, many analysts feel GM brought jobs back into the U.S. from Mexico under pressure during the bailout. Look at the cost concessions the UAW had to give in the Sonic plant to make it economical to build here (GM sez).
In terms of onshore manufacturing, I'd class Hyundai/Kia with VW, BMW, and Mercedes-Benz as the second wave. Honda, Toyota, Nissan, and Subaru were the first wave, 15-20 years earlier. I suspect H/K will get there, but it'll take time.
Also Korean currency isn't as inflated as yen...
Have an opinion?Join the conversation!