India Broadband

Forum

 

DaimlerChrysler to scrap the four-door Smart car

This is a discussion on DaimlerChrysler to scrap the four-door Smart car within the News from the Tech and IT World forums, part of the News and views category; DaimlerChrysler to scrap the four-door Smart car DaimlerChrysler has reportedly said that they are planning to scrap its four-seat Smart ...


Go Back   India Broadband Forum > Daily dose of technology > News and views > News from the Tech and IT World

Register Blogs FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply

 

LinkBack Thread Tools Display Modes
Old 26-03-2006, 01:02 PM   #1
 
Admin's Avatar
 
Join Date: Jan 2006
Location: New Delhi
Age: 31
Posts: 3,653
Rep Power: 10 Admin is on a distinguished road
Default DaimlerChrysler to scrap the four-door Smart car

DaimlerChrysler to scrap the four-door Smart car
DaimlerChrysler has reportedly said that they are planning to scrap its four-seat Smart car. This decision would mean that the company would focus their attention on the two-seat model in another overhaul of the minicar unit. This move alone could cost the company close to around 1 billion euros (690 million pounds) and 300 jobs.
However, such a move would mean that DaimlerChrysler would have to negotiate with Japan’s Mitsubishi Motors Corp who develops the four-door model at a plant in the Netherlands. It would also require an approval from the Daimler’s supervisory board.
A statement from the company said: “DaimlerChrysler AG is planning to focus on the Smart fortwo to ensure the long-term sustainability of its Smart brand. Thus, the profitability of Smart will be confirmed, with positive results expected from 2007 onward.”
They are already scheduled to launch an updated version of the car sometime next year. Smart Car was originally launched in 1998 and is quite popular in congested cities in European nations. It would also be making an appearance in the upcoming Hollywood flick, The Da Vinci Code.
Admin is offline   Reply With Quote
Reply

Bookmarks

Tags
car, daimlerchrysler, fourdoor, scrap, smart


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads

Thread Thread Starter Forum Replies Last Post
DaimlerChrysler recalling 111,687 Jeep Grand Cherokees for safety reasons Admin News and Views from the Business World 0 25-06-2006 04:59 PM


All times are GMT +5.5. The time now is 09:58 AM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0
India Broadband Forum