Four years and $1.3 billion later, DaimlerChrysler AG's new Mercedes-Benz C-Class hits European dealerships in May and the U.S. in September. Mercedes is betting on the new C-Class to make up some of the lost sales ground it has given up in recent years to the more popular BMW 3-series sedan. U.S. sales of the 3-series were up 34% in 1999, while C-Class sales declined 13.7%. Mercedes delayed the debut of the C-Class several times last year because of development and production problems, ...

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