Daimler's Smart signs MoU on Roadster licence sale

Newswire

FRANKFURT, Feb 20 (Reuters) - DaimlerChrysler's struggling Smart brand has signed a memorandum of understanding with a British consortium called "Project Kimber" over the sale of a licence for its defunct Roadster model, it said on Monday. "The goal of the memorandum of understanding is to jointly draft a contract in the coming months that allows the British to redesign, build and sell the former Smart Roadster and Roadster Coupe models under a different brand," the unit said in a ...

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