European cars are generally badly made, overpriced, or both. The only thing keeping them going internationally was brand status, and now that’s eroding away as well.
I can agree with overpriced (you pay for the name and for the excellent service) but they certainly aren’t badly made (generally, of course there are some outliers).
Consumer Reports do in-depth annual reliability assessments of numerous car manufacturers and typically the only European brands that score well are usually in the upper end of the market (BMW/Porsche). The rest are usually in the middle of the pack, or right near the bottom.
Here are their rankings for:
And those are just the newer vehicles. If you look at used car markets, you’ll often see that European brands generally don’t hold their value nearly as well as the Asian brands, primarily because they fare even worse once they have 80,000+ miles on the clock.