Mercedes-Benz looks poised to retreat from high-volume compacts. During an online corporate strategy meeting held on Tuesday, Daimler CEO Ola Källenius indicated that the luxury subsidiary may have overextended itself. “Maybe we went at a bit too far to cover each and every space into each and every segment. Compact particularly comes to mind,” he explained. […]
The post Fancy Forward: Mercedes-Benz Can No Longer Cater to Plebs appeared first on The Truth About Cars.
via Autobuzz Today
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