Cars
Citing papers obtained from the liquidated Smart GmbH, German newspaper Handelsblatt is reporting that Smart has cost DaimlerChrysler around €3.9 billion (or $5.21 billion - exchange rate June 12, 2007) over the period 2003 - 2006. It should be noted that while DaimlerChrysler hasn’t revealed any economic details for brands within the Mercedes Car group, it is no secret that Smart has been a loss-loss situation for DaimlerChrysler that even thought about just closing the minicar manufacturer at a point.
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- Chinese Smart Fortwo Copycat Gets The Boot
EH EH EH – Not so Fast! Looks like Chinese automaker Shandong Huoyun stopped production of their two-person electric car, aka the Smart ForTwo copycat, due to complaints from DaimlerChrysler -wonder why... According to Automotivenews, “doody...
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- 2007 Smart Fortwo To Be Unveiled This Year But Not At Paris
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Cars
DaimlerChrysler Lost €3.9 Billion On Smart The Past 4 years
Citing papers obtained from the liquidated Smart GmbH, German newspaper Handelsblatt is reporting that Smart has cost DaimlerChrysler around €3.9 billion (or $5.21 billion - exchange rate June 12, 2007) over the period 2003 - 2006. It should be noted that while DaimlerChrysler hasn’t revealed any economic details for brands within the Mercedes Car group, it is no secret that Smart has been a loss-loss situation for DaimlerChrysler that even thought about just closing the minicar manufacturer at a point. Despite the fact that a DaimlerChrysler Group spokesman denied to comment on Handelsblatt’s report, he did note though that the Smart brand is heading for its first ever profitable year.
Via: Automotive News
Technorati: Smart, DaimlerChrysler, Carscoop, cars, autos, vehicles
- California Gets The World’s First Fuel Cell-powered Firefighter Vehicle Based On The Mercedes A-class
Last summer Mercedes handed out to the Wayne State University Police Department in Michigan the world’s first hydrogen fuel cell powered emergency response vehicle. This winter Mercedes hands out to the Sacramento Metropolitan Fire District the...
- Chinese Smart Fortwo Copycat Gets The Boot
EH EH EH – Not so Fast! Looks like Chinese automaker Shandong Huoyun stopped production of their two-person electric car, aka the Smart ForTwo copycat, due to complaints from DaimlerChrysler -wonder why... According to Automotivenews, “doody...
- 2007 Smart Fortwo Video - Get Smart!
Boy, aren't those folks over at DaimlerChrysler in a hurry! A day after the official presentation of the second generation Smart Fortwo and they've already released the first promo video of the car! I took it upon myself to edit the video in...
- 2007 Smart Fortwo To Be Unveiled This Year But Not At Paris
Smart came out with a rather odd press release informing us that although it's new 2007 Smart Fortwo will be unveiled this year, it's world premier will not take place at this week's Paris Motor Show, but, "at a location outside of the trade...
- "that'll Be 9 Billion...thanks And Have A Good Day"
Reports indicate that DaimlerChrysler has received offers of up to $9 billion with a b for their Chrysler arm. Any cheque with 9 zeros on the end of it sounds good enough for me, whether its from Magna or General Motors. But oh must it sting. When Jurgen...