Expect Wall Street to reward DaimlerChrysler AG for the decision to kill the Smart brand’s 4-passenger subcompact car, the ForFour. “We expect this decision to be exceptionally well-received by the market,” Merrill Lynch analyst Stephen Reitman writes in a research note. “We continue to argue that the challenging situation in the U.S. market for Chrysler increases the pressure on DCX to secure the overall group margin by eliminating those problems over which it has some control. The ...
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