Bigger is better, or so goes the traditional automotive mantra. But things are changing in a big way, as more and more of the global population moves back into the cities. Despite the worldwide recession, Daimler’s Smart car factory can barely keep up with demand, and a growing number of makers are giving serious thought to enter the so-called “urban transportation market.”
Earlier this week, GM unveiled a prototype, dubbed PUMA, it’s developing as part of an unusual joint venture with Segway. Now comes word that Toyota’s youth-oriented Scion division may make a move into the city car segment with a pint-sized offering dubbed IQ, a tricked-out version of which is making its debut at the New York International Auto Show.