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The minivan market is a segment of the automotive industry that focuses on the production of vans designed for family use. These vehicles typically feature a large interior space, with seating for up to eight passengers, and a large cargo area. Minivans are typically equipped with sliding doors on both sides, and often feature a rear hatch for easy access to the cargo area. They are designed to be more fuel-efficient than larger SUVs, and are often used for family vacations, long-distance trips, and everyday errands.
Minivans are popular among families due to their spacious interior, fuel efficiency, and affordability. They are also often used as a substitute for larger SUVs, as they offer similar features and capabilities at a lower cost.
Some of the major companies in the minivan market include Chrysler, Honda, Toyota, Kia, and Volkswagen. Show Less Read more
