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Originally Posted by torres "The next generation Mercedes-Benz CLK, currently “in works”, will be a lot more ostentatious, displaying a dynamic look with angular lines, refining the visual language of the new C-Class sedan. Official launch is expected for 2009, sales beginning later. With components from both C-Class and E-Class (to save costs), the 2009 CLK will compete with Audi A5, BMW 3-series, and Lexus SC..."
This is from a new review on the 2009 Mercedes CLK-Class from TopSpeed. It has info on the expected features of the new model line, as well as history and competitors it may have. Also available is a picture gallery.  
Here's the whole review: 2009 Mercedes CLK-Class - Top Speed |
From reviewing a number of spy sites it seems more likely the model year 2009 CLK will be introduced at the Geneva show in March 2008, as was done with the new C-class, on which the CLK is based. Whether this is just the coupe, with the cabriolet to follow months later I can't glean from the writings to date. All signs point to the cab having a soft top, which doesn't bother me here in California. Having a soft top doesn't seem to bother Jaguar, Aston Martin, Bentley, Ferrari, or Porsche either.