Strong sales of newcomer models such as the Cupra Formentor and Renault Arkana helped make volume compact SUVs Europe’s second-largest segment, despite a collapse in registrations for the segment’s former leader, the Volkswagen Tiguan.
Strong sales of newcomer models such as the Cupra Formentor and Renault Arkana helped make volume compact SUVs Europe’s second-largest segment, despite a collapse in registrations for the segment’s former leader, the Volkswagen Tiguan.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.