According to a report from Reuters, Fox News is reporting that luxury automaker Mercedes-Benz plans to make smaller luxury cars to compete with BMW’s Mini brand.
The report also indicated that a new SUV model would be the first entry on the market in 2015. There were no comments offered by Mercedes-Benz at this time. However, there was news on another model, which is reportedly scheduled in 2016.
A three-door model to compete with BMW's Mini will follow in 2016, with prices for all cars to range between 17,000 euros ($22,300) and 20,000 euros.