Dealers are seeing average grosses dramatically higher than year-earlier levels, and they are trending up since the height of coronavirus-related shutdown period. But it’s temporary.
GM is ramping up for costly, time-consuming plant renovations — to build vehicles with uncertain consumer demand and profit margins — as the industry works to come out of the pandemic-sparked downturn.
In a major change for a global marque that built an identity on luxury sedans, coupes and convertibles, Mercedes plans to trim its U.S. product lineup, cutting seven car models, reducing costs and complexity.