In June 1993, the 300 CE-24 convertible was stylistically revised along with the other models in the 124 series and adapted in line with the other model series. The most distinctive feature of the updated variants was the radiator grill, which was based on that of the S-Class. For this 'integrated radiator', the chrome frame, which was relatively narrow in comparison to the previous version, was integrated harmoniously into the bonnet. The Mercedes three-pointed star was positioned on the bonnet, as it was on the S-Class saloons. Changes were also made to the light units. The front indicators were given transparent glass covers, while the tail lights had bichromatic covers, which for the indicators and reversing lights were a uniform white-grey. The orange of the front and rear indicators was produced by coloured bulbs. Other changes concerned the bumpers, whose mouldings were now finished in the same colour as the mounted parts, while the rear bumper mouldings were extended to the wheel cutouts.
As part of the upgrade, the convertible was not just given an external makeover but also fitted with new engines, which had already been introduced in the other medium class body variants in October 1992. The 3.2-litre six-cylinder engine with four-valve technology, the successor of the tried-and-tested 3.0-litre four-valve engine, now also appeared in the convertible. Its rated output was the same as its predecessor's but reached 900 rpm sooner. The maximum torque was significantly higher and was also reached at lower engine speeds. Exhaust and noise emissions were thereby much reduced.
A major innovation was the fact that the convertible was now also available in a four-cylinder version, which was more than 20,000 deutschmarks cheaper than its six-cylinder cousin. The new entry-level model had the 150 hp 2.2-litre four-valve engine that, since its first appearance in October 1992, had been used in the saloon, estate and coupé of the 124 series.
Made exclusively for export to Italy, Greece and Portugal, the convertible was also fitted with the 2.0-litre version of the 136 hp four-cylinder four-valve engine, which since October 1992 had been used in the export version of the coupé.
The electrohydraulic convertible top, previously only available as an upgrade, was now fitted to all three models as standard. The top also had a modified lining, providing improved warmth and soundproofing.
When the revised models went on sale in June 1993, the 124 series was also affected by the new nomenclature. In line with the S-Class and the new C-Class, the medium class was now called the E-Class, and the model designations followed a modified system. This involved a letter designating the vehicle's class preceding a three-digit number which, as before, was based on engine capacity. The E for Einspritzmotor (injection engine) was no longer needed, as carburettor engines were now a thing of the past. As for the body variant, that was quite obvious just from looking at the vehicle, so the C and T coding was also allowed to lapse. So under the new rules the convertible named E 220 Convertible and E 320 Convertible.
For those looking for a little more from a convertible, the E 36 AMG, available from September 1993 with a 195 kW 3.6-litre four-valve AMG engine, provided just that. And with its subtly enlarged components, this new top-of-the-range model from the 124 convertible range also stood out aesthetically from its less dynamic sister models. Front spoiler, side skirt and rear apron were finished in the same colour as the vehicle and integrated harmoniously with the body form. As-standard 17-inch alloy wheels with an AMG design completed the package.
In March 1994, in order to be able to offer a more affordable entry-level model for customers less interested in performance, the E 200 Convertible, which since July 1993 had been produced for export, was now made available in Germany. Priced around 10,000 deutschmarks below the 2.2-litre models, a few compromises had to be made on the specification. Gone were the alloy wheels, leather upholstery and heated seats of the sister models in the series, although they could still be obtained as an upgrade.
The last body variants of the 124 series, the E-Class convertibles remained in production until July 1997. A total of 33,952 vehicles were produced, 15,380 with a four-cylinder engine and 18,572 with a six-cylinder engine.
At over 75 percent, the export share of the E 320 Convertible was above average, as has often been the case, especially with the more exclusive models of the Mercedes-Benz passenger car ranges.