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Honda to Introduce New Accord as Midsize Sedan Segment Shrinks

The battle for the midsize sedan market is heating up. Honda will be introducing a larger, sleeker Accord soon. GM and Ford have new, competitive entries in the segment which has been dominated by Japanese automakers for years. All of this activity is occurring in a market segment that is shrinking. The midsize sedan segment peaked in 2000 and has been declining ever since with customers moving to new crossover vehicles.

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