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 |  May 26 2009, 9:49 AM

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Those patiently waiting for a new E-Class Convertible or Wagon will have to wait a little longer. According to a report in Germany’s Auto Motor und Sport both versions of the E-Class have been put on hold as Mercedes-Benz searches for ways to balance its books.

In order to limit expenditures (in both development costs and marketing) the company is delaying both versions of the E-Class. The new E-Class Convertible was expected to debut at the Frankfurt Auto Show this September but instead it will be pushed back to the Geneva Auto Show, which will be held in March of 2010.

An extra six month wait isn’t too long, and puts the car’s release in perfect timing with the changing seasons, however, the E-Class Wagon (or Estate as it’s called in Europe) won’t appear until 2012.

The article also says that Mercedes is planning to release the second-generation CLS in 2010.

[Source: Auto Motor und Sport via Autoblog]