Automotive Industry

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European carmakers struggle with falling demand (www.ft.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 9 months ago* (last edited 9 months ago)

Consumer Reports do in-depth annual reliability assessments of numerous car manufacturers and typically the only European brands that score well are usually in the upper end of the market (BMW/Porsche). The rest are usually in the middle of the pack, or right near the bottom.

Here are their rankings for:

And those are just the newer vehicles. If you look at used car markets, you'll often see that European brands generally don't hold their value nearly as well as the Asian brands, primarily because they fare even worse once they have 80,000+ miles on the clock.