Smart GmbH CEO Andreas Renschler, in Japan to help repair ailing DaimlerChrysler AG alliance partner Mitsubishi Motors Corp., won’t give up control of the Smart brand in the interim. Sources indicate Renschler will continue to oversee day-to-day operations of Smart, even while heading a team of highly specialized people from DC that will devise a new plan to turn around Mitsubishi. Renschler and his team will have “a few weeks” to devise a reorganization plan, which will include input ...

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