European automakers are phasing out compact models with internal combustion engines en masse due to stricter environmental regulations, Report informs with reference to Automotive News Europe.
In 2022, the compact car segment was almost halved from its peak sales in 2017, when 1.2 million microcars were sold in the European market.
This happened due to the phasing out in 2022 of the Citroen C1, Peugeot 108 and Smart ForFour compact models, which left the market after the Opel Karl and Adam, Skoda Citigo, Ford Ka, Seat Mii and Suzuki Selerio
By reducing the model range of urban "compacts", automakers seek to reduce the level of carbon dioxide emissions in the average fleet and reduce the cost of developing new generations in connection with the upcoming introduction of the environmental standard "Euro-7". Automakers intend to leave only electric models in this segment.
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