DaimlerChrysler Smart to stay in red in '05-paper

Newswire

FRANKFURT, Feb 24 (Reuters) - DaimlerChrysler's Smart minicar brand is expected to post another loss of around 600 million euros ($792 million) in 2005, a German paper reported on Thursday, citing company sources. But the Handelsblatt newspaper said the German-American group's supervisory board still supported efforts to reorganise the brand rather than shut it down or sell it. A company spokesman declined comment. Despite growing sales, Smart has not made a profit since the brand made ...

Premium Content (PAID Subscription Required)

"DaimlerChrysler Smart to stay in red in '05-paper" 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.
Insights

Feb 12, 2016
Video
WardsAuto

Subaru 2.0L Turbo-4 Boxer -- 2016 Award Acceptance

Subaru accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×