( This sounds like complete nonsense from news service AFX.
They would sell many convertibles for 25,000 euros. )
Mercedes scraps plans for new convertible - report
05.20.2005, 04:30 AM
FRANKFURT (AFX) - DaimlerChrysler AG's Mercedes Car Group has scrapped
plans for a new convertible as the proposed price would have attracted
too few buyers, the Frankfurter Allgemeine Zeitung reported, citing
The pricing structure, starting at 24,700 eur, was too high, the
Mercedes wants to increase its sales margin to 7 pct by 2007, and has
initiated a cost-cutting and efficiency improvement programme in to
As part of this plan, Mercedes wants to cancel production of models
that are not cost-efficient in production.