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Some manufacturers certainly have surplus stock at the end of a production run: Rover was selling Metro cars for years after it stopped making them; Ford was the same when its Escort was replaced by the Focus.
Mercedes was selling SLs long after it stopped making them (production ceased in July 2001). The E-Class is presently being run out: you might have noticed they are offering generous equipmen packagaes and so on. SL sales were maintained by offering the Silver Arrow and other special editions.
As for the tooling, that is often sold off or taken abroad. SSangYong uses the old W140 tooling to produce a car it calls the Chairman in Korea; MB itself manufactured the W124 in India for sales on the sub-continent long after 1995.
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JJ Rodger
2013 G350 Bluetec
1999 SL 500
1993 E300 diesel T
1990 190
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