DETROIT—New vehicle sales in the United States are expected to increase in February, but the decision by General Motors Co. to cut production of large pickup trucks at a U.S. plant points to new challenges for Detroit’s automakers.
The major Detroit pickup truck brands are sitting on growing inventories of unsold vehicles, according to Cox Automotive data provided to Reuters.
As supply-chain bottlenecks ease, the resolve among Detroit’s automakers to keep inventories tighter than before the pandemic will be tested. Automakers could have to choose between reducing output to avoid price cuts, or offering richer discounts to pump up sales volumes, dealers said….