(Adds quote, background, share price) FRANKFURT, March 30 (Reuters) - DaimlerChrysler's supervisory board approved on Thursday a plan to scrap the four-seat Smart car model in yet another costly overhaul of the loss-making minicar unit, it said. The world's fifth-biggest automaker had said on Saturday it planned to halt output of the Smart ForFour and focus solely on the two-seat model in a reorganisation that will cost around 1 billion euros ($1.20 billion) and 300 Smart jobs in ...
Premium Content (PAID Subscription Required)
"UPDATE 1-DaimlerChrysler board approves Smart revamp plan" 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: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.