mercede-benz

List of News and Information about mercede-benz on 4WheelsNews.com

News and Information about mercede-benz

Read the latest news and information about mercede-benz published on 4WheelsNews.com! View comments and pictures about mercede-benz on 4WheelsNews.com!

You also might be interested: renault, sedan

Renault drops plan to develop flagship sedan with Mercedes-Benz

Renault has withdrawn from a joint project with Mercedes-Benz to develop an upscale, rear-wheel drive sedan for the French automaker. A Renault spokesperson told Automotive News Europe that after determining that the business deal wasn’t favorable, it then decided to halt a feasibility study for a sedan based on the Mercedes E class platform.

Renault had been hoping to create a profit-boosting flagship model ever since it stopped making its poor-selling Vel Satis in 2009. This sedan would have had a price tag of around 50,000 euros ($65,000).

In a Wall Street Journal report, it was revealed that Renault scrapped the project since Daimler was offering parts from its existing E class, which would be close to the end of its life cycle when Renault would begin manufacturing its own version. Renault hasn’t yet made any comment to this report.

Read the entire article Renault drops plan to develop flagship sedan with Mercedes-Benz