And they can deliver better mpg's. A new F150 with a little 3.5 dual(?) turbo can give low 20's and I've been told is quite peppy.Manufactures are going to smaller turbocharged and supercharged engines to get more power from smaller displacement hence lighter engines and the turbo helps with the emissions. Remember when you could get a HP from a cubic inch of engine displacement (350 cu in-350 hp). Now you get that in a cubic centimeter.
The auto manufacturers are building what the customer wants & is willing to pay for. One of my neighbors bought a new Dodge "something" for his 19 year old son. He was telling me how fast it was and that it had more than 400 hp. I was silently thinking - fortunately the neighbor is still in his "reproductive years" because when his wild a**ed son zooms off the road and kills himself - he will be able to father another child.
Remember when you could get a HP from a cubic inch of engine displacement (350 cu in-350 hp).
Quick check - 1983 Accord, weight about 2100 lbs, 75 hp engine, small sedan with low roof height.
2014 Mazda CX-5, weight about 3200 lbs, 155 hp engine, boxy, somewhat tall SUV.
Getting close to the same gas mileage would be a minor miracle.