compact executive car English

Meaning compact executive car meaning

What does compact executive car mean?

compact executive car noun

— An entry-level premium sedan; ("premium" being 'low-end luxury' or 'near-luxury'; premium and luxury being the 'high-end' of the market; premium and luxury segments may be combined under some segmentation schemas) (Examples of cars in this market segment are Mercedes-Benz C-class and BMW 3-series)