As part of its partnership deal with Daimler AG, Renault had plans to build a large luxury sedan, using the platform of the Mercedes-Benz E-Class. However, it seems the French carmaker has given up on its ambition to launch a new executive saloon, according to a report from The Wall Street Journal (WSJ).
While one would assume Renault’s reluctance to enter the premium car segment is due to its unfortunate past experience (how could we forget the Vel Satis?), the automaker concluded the plan doesn’t make business sense for the company.
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