Mercedes-Benz has confirmed today that it will release four new compact cars to replace the current A and B-Class models when they reach the end of their product cycles in 2010/11.
The family of compact cars will be built at a new plant in Kecskemét, Hungary, and will likely include a coupe, cabriolet, MPV and soft-roader.
The new plant will cost more than €800 million ($1.24 billion) to establish and will create some 2,500 jobs.
Moving to a plant in Hungary will allow Mercedes to manufacture the cars at a lower cost than if they were produced in Germany.
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