It's so bizarre to me because the Ranger used to be small. But then they became the size that an F-150 used to be (i.e. sane truck size), while the F-150 became enormous. Supposedly it's due to perverse incentives from regulation, so I wouldn't hold my breath for a smaller truck if that is indeed the case.
Quick research: the new Ranger's bed size has only increased 0.9" (width) relative to the 1990 version. Bed length seems to be the same.
Ford knows their market. Most F-150 buyers aren't looking for a functional truck, they want a comfortable commuter car that looks like a cool truck.
1995 Ford Ranger Extended Cab - 3200+ lbs - 198" long - 69" wide - 6' bed
2023 Ford Ranger Super Cab (last year they had a 2 door) - 4100+ lbs - 210" length - 73" width - 6' bed
1000 lbs heavier, a foot longer, a few extra inches wide, with the same size bed.
https://www.edmunds.com/ford/ranger/2023/supercab/features-s... https://www.edmunds.com/ford/ranger/1995/extended-cab/st-754...
The new rangers have the height of the old F150 which makes their beds look just weird.
Now I'm sitting here wondering when we'll get another small Ford truck again. This same exact story played out with the Ranger and the decades without a smaller option sucked then too.