Chevy looking to global market

With four new models set to debut at the Paris Auto Show, only one of which is headed to the U.S., Chevy is looking to increase its presence worldwide rather than simply focus on the American market.

Chevy will pull the lid off several new models in Paris: the Orlando minivan, Captiva small SUV, Cruze hatchback and Aveo compact sedan. Of these, only the Aveo is expected to make its way to the states.

The current Aveo is a popular budget vehicle that is available as both a hatchback and sedan. While the new Aveo will continue that trend, it offers a sportier powertrain designed to compete against recent compact "hot hatches" like the Ford Fiesta.

The car is representative of a general shift in the auto industry toward producing smaller vehicles that will be profitable around the world. While small cars were previously only favored in Europe, the recession has meant that many Americans are going smaller in an effort to increase fuel economy.

The debut of new models means older Chevys will likely make their way to the used car market. Patient drivers can often get great deals on cars as compared to the prices from just months earlier. Drivers can likely find a used Chevy Aveo for less than $8,000, a number that could drop even further when the new model makes its official debut later this year.