Daimler board set to approve Smart revamp-sources


FRANKFURT, March 28 (Reuters) - DaimlerChrysler's supervisory board is set to approve on Thursday a plan to scrap the four-seat Smart car model in yet another costly overhaul of the loss-making minicar unit, company sources said on Tuesday. DaimlerChrysler has said pruning Smart's model lineup once again would ensure Smart swings to profit for the first time next year, when a new version of the snub-nosed two-seater with which Smart made its debut in October 1998 comes out. The world's ...

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