Compact Executive Car Definition

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)

Wiktionary

Origin of Compact Executive Car

compact +‎ executive +‎ car COMPACT EXECUTIVE CAR From being a compact car (a 'small car' segment car, smaller than a mid-sized or full-sized of the 'large car' segment) that is designed to be aimed at the market segment frequented by business executives.

From Wiktionary