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Motor1
Motor1
Business
Adrian Padeanu

Mercedes Confirms Maybach SL And Plans To Axe Some Compact Cars

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In a bid to become "the world's most valuable luxury car brand," Mercedes is overhauling its product portfolio by splitting models into three categories: Entry Luxury, Core Luxury, and Top-End Luxury. There will be considerably less focus on compact cars going forward as the plan calls for more than 75 percent of investments to be made in the bigger and more expensive vehicles, which we all know have higher profit margins.

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