GERMANY: DaimlerChrysler replaces A-class.
DaimlerChrysler has decided to build a successor to the Mercedes Benz A-Class but cancelled plans to develop a small Chrysler passenger vehicle for the European market, reports Automotive News Europe (17/7/00). The fate of the `baby benz` was sealed at a management board meeting on June 26 and 27, in Stuttgart. Disappointing profit margins was considered one of the factors for the A-class` demise, with the vehicle set to be replaced by 2004.
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