October 17, 2021

European Car News - latest news & reviews on amazing luxury sports cars, tuner and classic cars by European auto makers including Ferrari, BMW, Audi, Mercedes, and more.

European cars models as: Smart ForTwo, Fiat Stilo and Volkswagen Phaeton standings lead with biggest loss makers. This is clear from an analysis conducted by the brokerage firm Sanford C. Bernstein.

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With Smart ForTwo (1997-2006), Daimler lost 3.35 billion euros, equivalent to 4,470 euros per car sold.

With Stilo (2001-2009), Fiat lost 2.1 billion euros, equivalent to 2,730 euros per car and with Phaeton (2001-2012), Volkswagen lost 1.99 billion euros, (28,100 euros per car).

Also, the loss per unit champion is sports carcBugatti Veyron (2005-2013), with over 4 million per unit, followed by Volkswagen Phaeton (28,100 euros), Renault Vel Satis (18,719 euro) and Peugeot 1007 (15,380 euro).

European Cars News

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