Another variant will be the LT that makes use of a 1.4L turbo Ecotec engine paired with 6-speed automatic transmission. This one is fitted with 16-inch wheels. The LT is priced starting $18,995.

The Cruze Eco will have the 1.4L Ecotec engine coupled with sexi-speed manual gearbox. The fuel efficiency of this variant tops all the models at 40 mpg while on the highway. It comes standard with 17-inch alloy rims and enhanced with an aerodynamic package.

The LTZ starts at $22,695 and makes use of the LT setup but with additional features like leather seats, shift knob, and steering wheel. The driver seat also comes with power features. The LTZ will also have cruise control, USB port provision for the audio interface, Bluetooth, audio controls on the steering wheel, and remote starting of the vehicle. Other standards include rear view mirror with auto dim feature, auto climate control, and rear parking assist technology.

The major options for the Cruze will include Pioneer entertainment system, navigation system, 40GB hard drive, RS styling package, and the ultrasonic parking assist.

The figures are tumbling down for the major players in the car industry as the March sales reports come in. The drop in sales were reported by Ford at 42%, GM 44.7%, Chrysler LLC 39.3%, Nissan North America 37.7%, Honda in the US 36.3%, and Toyota USA by as much as 39%.

Experts have predicted a drop in annual sales which will mark a 27-year low. They are foreseeing sales to hit just below the 9 million mark. The uptick in demand may still be seen before the end of 2009.

Economists are seeing some signs of hope as the economic decline may be moderating but still it is a nothing is for sure game. Restructuring of the auto industry will still play a big factor in the next several months.

Ford has decided to lower its production for the first quarter by 26,000 units. Honda will be closing down 13 of its plants and cutting its production in North America by as much as 62000 vehicles.

Analysts pin point the low confidence of the market on the auto industry as everyone watches closely on the fate of General Motors and Chrysler which are kept afloat by a government loan amounting to $17.4 billion.

The federal government has recently declined additional loans of $21.6 billion to the car manufacturers. Hopes will be bleak for them unless they will be able to restructure properly by spring.

Consumer confidence has been on its lowest in the recent months since it has been rated in 1967.