Monday, June 26, 2006
Report: Smart cars coming to U.S.
DaimlerChrysler expected to announce plans Tuesday to bring fuel-efficient sub-compact to U.S. market.
NEW YORK (CNNMoney.com) -- DaimlerChrysler is set to bring the fuel-efficient subcompact Smart car brand to the United States in 2007, according to a published report.
The Detroit News, citing a source familiar with company plans, reported the decision will be announced Tuesday. But a spokeswoman for the Smart brand declined to comment on the report.
"We have not made any decision on a U.S. launch," said Bettina Singhartinger. "You can expect something this week. Until then we do not comment on speculation."
DaimlerChrysler has never made money on the Smart brand, which has been sold in Europe since 1998. The brand is part of DaimlerChrysler's Mercedes-Benz unit.
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