I believe two things are true of the car market in the summer of 2024. First, Americans are fed up with the car prices that shot up during the pandemic, especially now that they have to finance them for 7% even if they have amazing credit. And second, they will break up with gasoline if they're given a chance.
' Overall, Mercedes buyers really haven't warmed to the soap-bar styling of the EQ cars, and so its EV sales have trailed rivals like BMW. Now, CEO Ola Källenius is telling Bloomberg that the plan is to keep building gas cars for much longer than it would've said a few years ago: The product offensive over the next two to three years will also see the S-Class maker pivot to spending more on its lucrative lineup of fuel-burning vehicles.