Amid Losses, Daimler Rethinks North American-made Sedans

Domestic automakers have largely rid their North American facilities of sedans, so why shouldn’t foreign manufacturers? That’s what Mercedes-Benz parent Daimler plans to do after announcing a second-quarter loss of $1.9 billion. While the quarterly loss was less than analysts expected, financial and sales pressures brought on by the coronavirus pandemic has led the automaker […]
The post Amid Losses, Daimler Rethinks North American-made Sedans appeared first on The Truth About Cars.