DaimlerChrysler sees Smart breakeven in 2007

Newswire

FRANKFURT, March 21 (Reuters) - DaimlerChrysler expects its ailing Smart small-car brand to break even next year, according to the car maker's finance chief. "We will reach the breakeven mark at Smart in 2007," Chief Financial Officer Bodo Uebber told journalists late on Monday. His remarks were embargoed for release on Tuesday. Smart has not made a profit since the brand made its debut in October 1998 with the quirky two-seat model that remains its best seller. But it has slashed staff, ...

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