Car market Europe Ford Peugeot

Peugeot 508 Readies To Oust Ford Mondeo From European Market

The Peugeot 508 rushes to the top of the mid-size segment in Europe, ousting perennial leaders. Sales of the model in the first quarter of 2019 doubled.

The new Peugeot 508 with its fine design has been highly appreciated by European consumers. For the first three months of this year, its sales exceeded 8,000 units (+101% to the result of Q1 2018). The model took the fifth place in Europe’s most popular mid-size cars ranking.

The 508 came pretty close to the Ford Mondeo, the demand for which, on the contrary, sank by 25%. Moreover, now not all versions of the Peugeot 508 are present on the market. When customers are offered cheaper options, sales will increase, we think.

The traditional segment leader Volkswagen Passat, albeit remained in the first place, lost 35%. The Skoda Superb (the 2nd) fell by 14%, the Opel/Vauxhall Insignia – by 25%. This means the 508 has good changes.

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