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Stock impact report

Mercedes X-Class pickup to go on sale in 2017 [MarketWatch]

NISSAN MOTOR LTD S/ADR (NSANY) 
US:NASDAQ Investor Relations: nissan-global.com/en/ir
Company Research Source: MarketWatch
Mercedes X-Class pickup to go on sale in 2017 Daimler’s DAI, +1.21% Mercedes-Benz brand recently unveiled two concepts for its first pickup, the X-Class, that will go on sale next year. The midsize vehicle will target families, outdoor enthusiasts and commercial customers. Mercedes said Europe, Latin America, South Africa, and Australia will be key markets for the pickup. The brand also said it is examining whether to sell the vehicle in the U.S. market. “We are keeping a close eye on the U.S. market,” Volker Mornhinweg, head of Mercedes Vans, said in an emailed statement. No decision has been made. “We are evaluating the conditions for such a move,” he said. The X-Class will share underpinnings with the Nissan NSANY, -4.94% NP300/Navara and Renault Alaskan. It will be built by Nissan in Spain starting next year and by Renault in Argentina in 2018. The pickup is the latest product in an industrial alliance between Daimler and Renault-Nissan. The X-Class will fill one of the l Show less Read more
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