The Chevrolet Aveo is Chevy's smallest, least expensive car. Aside from its price, what's most attractive about Aveo is its surprisingly handsome interior, at least on the up-level LT. Its 1.6-liter four-cylinder engine is rated at 103 horsepower, which is adequate. Transmission choices are either a five-speed manual or a four-speed automatic. Aveo is available as a four-door sedan or a versatile five-door hatchback called the Aveo5.The Aveo was extensively updated for 2007 to better compete with a wave of new subcompacts, namely the Honda Fit, Toyota Yaris, Nissan Versa, and Hyundai Accent. Aveo's basic architecture and mechanical underpinnings date to 2004, and there are no significant changes for 2008.Click here to read more