Created by GM's Korean subsidiary Daewoo the Aveo is available in almost all markets around the world, though it comes in different names. In North America the Aveo is available as a 4-door sedan, and a 5-door hatchback known as the Aveo5. The Aveo5 comes in the low-priced Special Value trim, and an upgraded LS trim. while the Aveo sedan is offered in a base LS trim and the higher end LT trim.
For 2007, the Aveo has undergone significant changes from 2006 increasing the quality of material in the interior, and expanding the overall size of the car. However, the car is still built on the same fundamental architecture and design as the 2006 model. While some of the other manufacturers have opted for sportier styles and handling, Chevrolet intends the Aveo to provide a more comfortable ride with a "big car" feel. Also sold as the Pontiac Wave and Suzuki Swift.
All North American models are powered by the same 1.6 liter four cylinder engine that produces 103 horsepower. All models also offer the same five speed manual transmission as standard, or an optional four speed automatic transmission.
Despite the hatchback nature of the Aveo5 the amount of cargo space with the rear seats up is actually less than the sedan's cargo space with the Aveo5 coming in at 7.0 cubic feet, and the sedan at 12.4 cubic feet. With the rear seats folded down, with the 60/40 split, the amount of cargo space in the 5-door increases to 42.0 cubic feet.
