Daimler to launch Smart car in US in 2008 -sources

Newswire

FRANKFURT, June 28 (Reuters) - DaimlerChrysler will launch its two-seat Smart minicar in the United States in early 2008, sources at the world's fifth-biggest carmaker said on Wednesday. A formal announcement is due later in the day, they said. DaimlerChrysler declined comment. The move would represent an attempt to broaden the market for the group's subcompacts. Smart has lost money since the brand was launched in 1998. Company officials are encouraged that high fuel prices will ...

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