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Europe 2020. Volkswagen T-Cross booming 200.3% in a harsh environment

Europe best-selling cars Year to Date ranking in May 2020 within 44 markets in the continent, from Portugal to Russia. The Volkswagen Golf is still on top, ahead of the Renault Clio which signed the best top 10 performance. The Volkswagen T-Cross is the star of the year, booming 200.3%.After the impact of Covid-19 on European markets, the models year to date May ranking registered some changes from the previous year.Indeed, while the Volkswagen Golf holds the market crown with 109.060 Year to Date sales (-46.4%), the Renault Clio managed to reach the 2nd position – selling 95.071 (-33.9%) – registering the best Top 10 performance.The Volkswagen Polo closes the podium with 82.474 units sold (-45.4%). With more than 14 million units sold, it is one of the world’s most successful compact cars ever and actually the best seller. The sixth generation was launched in late 2017, with new exterior design, noticeably more spacious interior that has also been redesigned down to the last detail, new cockpit layout structured for the digital world, efficient TSI (petrol), TGI (natural gas) and TDI (diesel) engines as well as an array of assistance systems which previously was only familiar in larger Volkswagen cars.The fourth spot is taken by the Volkswagen Tiguan with 77.983 (-38.5%), ahead of the Skoda Octavia, with 74.571 sales (-35.4%) and the Ford Focus with 71.058 (-38%).The Opel Corsa jumped in 7th position – up 4 spots from last year – selling 66.216 units (-36.5%), followed by the Peugeot 208 with 66.201 (-39.2%) and the Nissan Qashqai with 65.764 (-37.5%).At the edge of the top 10 ranking we find the Ford Fiesta – stable in 10th place – with 57.772 registrations (-45.8%).Behind, the Volkswagen T-Cross is the star of the year, booming 200.3% with 39.976, actually taking the 29th position.Tables with sales figuresIn the tables below we report sales for the top 50 Models last months and year to date.This content is for members only. Visit the site and log in/register to read.

Mexico. In May Volkswagen (-72.5%) in trouble while market lost 59%
Wednesday June 17, 2020

Mexico Cars Market managed to somewhat improve in May, as restrictions were eased despite the current Covid19  health crisis. Indeed, in May the market dropped 59% with 42.028 units sold, leading Year to Date sales to 373.788 (-21%). Volkswagen reported the strongest loss within the Top 20.Mexico Cars Market in MayAs of June 15, Mexico reports […]

Highlights from Albert Wenger’s World After Capital
Saturday June 20, 2020

Capital is becoming abundant. So we should be able to provide everyone with enough capital to lead a decent life. Attention is replacing capital as the key finite resource. So we must learn how to better save and spend our attention. Knowledge is humanity’s most valuable collective asset. So we should do everything we can […]

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