Mercedes-Benz to Axe A- and B-Class in 2011?

Getting wind from the German financial newspaper Wirtschafts Woche, luxury carmaker Mercedes-Benz has reportedly scrapped plans for successor models to its A & B-Class, due for replacements in 2011. In an about turn, an all new sporty compact hatch has been approved for development by Daimler boss Dieter Zetsche in order to compete head on with the sportier Audi A3 and BMW 1-series. News gathered