Mazda Hits The Mark With 2020 CX-30 Crossover [Forbes]
MAZDA MOTOR CORP UNSP/ADR (MZDAY)
NASDAQ:AMEX Investor Relations:
mazda.com/en/investors
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Source: Forbes
Like the universe, the small crossover utility segment seems to be in a phase of perpetual expansion, at least until customers decide to latch onto the next trend in automotive form factors. For now at least the growth continues and Mazda wants a piece of that pie with a new entry called the CX-30. Over the past year, automakers have launched multiple new nameplates in this size class and we’ve started to see some bifurcation in price. As sales of small cars have declined, more affordable compact utilities like the Nissan Kicks and Hyundai Venue have been slotted in with starting prices as low as $18,000. A close look at this group shows where the savings came from with hard plastic surfaces inside, usually a twist beam rear axle and front-wheel-drive only. For a couple of thousand dollars more, there is another group that adds standard features and the ability to go significantly further up the price scale with more available options. This group includes the likes of the Honda HR-V,
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