Earlier quoted context omitted.
They are disappearing in europe too. Emissions and other required by law equipment costs just as much on cheap car as it does on expensive one. At some point, cheap cars stop beinf cheap, just a bit cheaper but with way worse quality, so they stop making sense.
It's true that affordable European models are disappearing. The average mid-range offering from, say, Volkswagen, has become quite surprisingly expensive. But this is why Chinese cars are taking over in Europe. Half the new cars I see are from Geely, BYD, Chery, etc. These average about 20,000-25,000 EUR new. My own opinion, having looked into the matter a bit, is that you'd have to be insane to buy a Volkswagen or B…
Dacia Sandero/Duster/Spring exist. (Renault)
Citroen C1, Toyota Aygo, Peugeot 108, (VW up!.)
Considering Volkswagen Group:
With a choice of Skoda Fabia/Seat Ibiza/VW Polo you would go for Skoda or Seat, not the VW brand itself if you dont care about marque but price.
But prestige is a huge factor still, so people would still go for an overpriced Golf for no apparent other reason
Also 20k-equivalent from 2015-2019 is already above 25k just by inflation. Car manufactures have strong unions so that stuff comes around fast.
So you simply can't expect the old sub 20k cars anymore, that's 25k now.