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2000s Decade Recap – Auto


what kind of decade was it well thanks
to the environment and gas shortages
cars got smaller and it almost became a
taboo to drive ostentatious gas guzzlers
yeah that’s the kind of decade it was an
auto in the year 2000 Ford picked up the
Land Rover brand from BMW Chrysler
started out the decade teamed up with
daimler-benz to form daimlerchrysler the
first decade of the millennium was also
when auto navigation systems gained
popularity it also marked the beginning
of a resurgence of the mini cooper brand
by 2003 a second model in the Hummer
lineup was introduced to be followed by
yet another two years later the American
love affair with the SUV was in full
swing even sedans were getting bigger
with the honda accord and civic both
growing as well as the toyota camry 2003
was also the 50th anniversary of the
Chevrolet Corvette and the 100th
anniversary of the Ford Motor Company in
2004 BMW got into the compact car market
with the 1-series to keep up with
European and Asian car makers whose
models were going smaller and smaller
starting in 2005 and lasting three years
pragati began limited production on the
Veyron which offered a staggering 1,001
horsepower 2005 was the year hybrids
exploded onto the market in 2007 Daimler
sold Chrysler for 7.4 billion dollars
finally unloading the majority of their
stake in the already sinking ship 2007
was also the year the Chevrolet Volt
concept was made public the electric
plug-in hybrid will only make it to
market as a 2011 model the summer of
2008 and gas hit four bucks a gallon
suddenly consumers were running to the
automaker’s demanding smaller more
fuel-efficient cars ford also started
dumping brands in 2008 that was the year
they sold Jaguar and Land Rover to tata
motors cue the Prius to swoop in and
take the market by storm the Toyota
Prius wasn’t the first hybrid but has
been the most definitive introduced
worldwide in 2001 the Prius has steadily
been gaining popularity in the US
and was one winner of the rising gas
prices another environmentally minded
car brought to market at this point was
the smart car ah the smart car if you
either love it or you hate it 2000
roommates saw this car finally make it
to the US markets though they had been
popular in Europe for the previous
decade the big three known as General
Motors Ford and Chrysler had not been
offering consumers to fuel-efficient
cars they had come to want by the end of
2008 GM and Chrysler were bailed out by
the American government how much money
do you need to survive the worst-case
scenario the amount of money would be
significant in February 2009 it
requested a second government Baylor
Chrysler is requesting a seven billion
dollar loan to bridge the current
financial crisis Chrysler filed for
bankruptcy in May after announcing an
alliance with Italian automaker Fiat GM
also filed for bankruptcy in 2009 after
which they announced plans to sell off
the Hummer sab and Saturn brands they
also announced they would phase out the
Pontiac Grand by the end of 2010 2009
marked a special milestone for Toyota it
was the year they sold their one
millionth hybrid in the US market it was
also a milestone year for Ford hybrids
they produced their 100,000 the first
decade of the millennium may go down in
history as a time of reinvention in the
auto industry a time when interest
shifted from huge gas guzzling luxury
vehicles more eco-minded fuel-efficient
cars
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