Report: Minivan segment making a comeback

2011 Toyota Sienna

Chrysler, Toyota, Honda and Nissan are all planning to bring new-generations of their minivans to the market this year and in early 2011. According to some, the segment may be on its way to making a comeback.

Automotive site Edmunds.com said that there is an increase in Web traffic searching for minivans on its website. In recent months, Edmunds has seen 2 to 3 percent of consumers checking out minivans.

“There is definitely a peak in interest,” said Ivan Drury, an Edmunds.com analyst. “Our assumption is that there has been some talk in public about new minivans coming, and consumers want to read about them.”

LeaseTrader.com is also seeing a jump in the demand for minivans on its website. The site reported a 23 percent increase in visitors searching for minivans in April.

The minivan segment in the U.S. passed the million-year mark in 1993 before peaking in 200 at 1,371,234. In 2008, automakers sold just over 600,000 units and last year the number came in at 450,000.

2011 Toyota Sienna:

2011 Toyota Sienna 2011 Toyota Sienna 2011 Toyota Sienna 2011 Toyota Sienna

– By: Stephen Calogera

Source: Automotive News (Subscription Required)