The Honda HR-V is a subcompact crossover SUV produced by Honda spanning two generations. The first generation HR-V was based on the Honda Logo and sold in Europe, Japan and selective Asia-Pacific markets between 1999 and 2006. The second generation HR-V is based on third-generation Honda Fit and went on sale in North America, Australia, Brazil, and selective Asian markets in 2015. The second generation HR-V is largely identical to the JDM Vezel which went on sale in late 2013. The abbreviation HR-V, according to Honda's HR-V history website, officially stands for Hi-rider Revolutionary Vehicle, while the other stands for Hip and Smart Runabout Vehicle. The HR-V was introduced to cater for the demand for vehicles with the benefits of SUVs (in particular its larger cousin CR-V), such as increased cargo room and higher visibility, along with the maneuverability, performance and fuel economy of a smaller car.