The Chevrolet Aveo is an all-new subcompact available as a four-door sedan or five-door hatchback. It's based on a globally popular model called the Kalos built by Korean carmaker Daewoo. New to Chevrolet's 2004 lineup, the Aveo will complement the upcoming Chevy Cobalt, a premium small car planned to replace the Cavalier.Aveo uses a proven GM 1.6-liter double-overhead-camshaft engine and comes standard with a five-speed gearbox. It's out to challenge the Toyota Echo, Scion xA, Kia Rio, and Hyundai Accent. The Echo and Scion are higher priced, however, leaving the ten-grand cars to the Koreans.Click here to read more