Toyota Has Big Plans For Small Cars

Toyoda-Mitsui - Bild Bertel Schmitt

A battle of opinions rages about the future of the auto business, and the sentiments couldn’t be more different.

Two days ago, Fiat Chrysler Automobiles CEO Sergio Marchionne said Chrysler would exit small cars to focus on Jeep SUVs, Ram pickups and an electric vehicle lineup. Yesterday, Ford Motor Co CEO Mark Fields said the company could possibly partner with other automakers on building small cars while cheap gasoline makes small cars a tough sell and drives demand for big-iron trucks and SUVs.

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