Smart performance hit Mercedes Q3 - Daimler CFO

Newswire

FRANKFURT, Oct 28 (Reuters) - Following the "strong deterioration" in the performance of its loss-making Smart brand of compact cars, DaimlerChrysler will review future options for the unit, finance chief Manfred Gentz said on Thursday. "Facing significant losses again this year, the board will have to decide what to do with Smart," Gentz told a conference call. Smart played a significant role in lowering third-quarter operating profit at Mercedes Car Group, he said earlier.

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