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DaimlerChrysler rules out shutting down Smart

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.