Chevrolet announced its newest U.S. model, the small urban Trax, CUV, will start at $20,995.

The Trax is powered by a 1.4L turbocharged engine good for an EPA-estimated 26 city and 34 highway mpg.

It has 10 air bags, MyLink infotainment with a seven-inch touch screen, rearview camera, remote keyless entry and a 60/40-split fold-flat rear seat and fold-down front passenger seat offering a little over 48 cubic feet of cargo space are part of the package.

Chevrolet added a $1,500 all-wheel-drive option is available on all trim levels, making the Trax the most affordable AWD model in the Chevrolet portfolio. Remote start and segment-exclusive OnStar 4G LTE with built-in Wi-Fi hotspot can also be had.

The company added the Trax will also be the first in its class to offer Siri Eyes Free connectivity for compatible iPhone users.

Chevrolet explained the Trax is Chevrolet’s seventh small vehicle launch in four years. During that time, the brand’s share of the small-, compact- and mini-car segments has more than tripled.

“Trax is positioned to be a strong competitor in the emerging small-SUV market, which is expected to grow more than 80 percent in the next few years,” said Steve Majoros, Chevrolet director of car marketing.

The Trax goes on sale in January 2015 and will be available in LS, LT and LTZ trim levels. It is already sold in 66 markets around the world with total sales of 155,000 to date.