DaimlerChrysler says won't shut or sell Smart brand

Newswire

STUTTGART, Germany, Oct 29 (Reuters) - DaimlerChrysler does not plan to abandon or sell its Smart brand of compact cars, the head of Smart, Ulrich Walker, said in a letter to staff seen by Reuters on Friday. The German-American carmaker's finance chief had said on Thursday the group was examining its options for Smart given what he called its "disappointing" financial performance.

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