2009 Smart Fortwo Click above for high-res image gallery

Apparently, one of the results of today's announcement that Daimler and Renault-Nissan would partner up will be to save the Smart brand's future. According to a report coming in from Reuters, Daimler chief executive officer Dieter Zetsche said today his company would not have had enough funds to finance the upcoming third-generation Smart car without the help of a partner. Zetsche said:
We were on the lookout for a partner for Smart and we needed a partner for a second, smaller four-cylinder engine series. The problem could now be solved through the partnership with Renault and Nissan.
Interestingly, Zetsche added that a possible small car alliance with fellow German company BMW was out of the question due to different vehicle architectures and added cost. The alliance formed between Daimler and Renault-Nissan will give Smart a combined platform to share with the Renault Twingo as well as shared powertrains, which should alleviate a significant amount of financial strain on the Smart brand. For now, it appears, Smart will live on.

[Source: Reuters]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Share This Photo X