DaimlerChrysler rules out shutting down Smart

Newswire

FRANKFURT, Oct 28 (Reuters) - DaimlerChrysler has ruled out the idea of shutting down its loss-making Smart brand of compact cars, a spokesman for the German-American carmaker said on Thursday. Finance chief Manfred Gentz had said earlier that the carmaker was considering its options for the brand, whose financial performance he termed "disappointing". "We are reviewing all possibilities, but shutting it down is not one of them," the spokesman said.

Premium Content (PAID Subscription Required)

"DaimlerChrysler rules out shutting down Smart" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×