Mercedes Benz's Smart division sales are growing but so are its losses. Guesses are the Smart brand cost $1 billion initially and has lost more than $2 billion since 1998. This report, released by DCX's CFO, raised questions about the staying power of the brand as they are preparing dealers for the launch of the ForMore in the United States. The new head of the Smart division, Ulrich Walker, tried to put out the flames. "(I)ts existence is not in question." Smart is expected to sell over 160,000 cars world-wide this year.
Hi! We notice you're using an ad blocker. Please consider whitelisting Autoblog.
We get it. Ads can be annoying. But ads are also how we keep the garage doors open and the lights on here at Autoblog - and keep our stories free for you and for everyone. And free is good, right? If you'd be so kind as to whitelist our site, we promise to keep bringing you great content. Thanks for that. And thanks for reading Autoblog.
Here's how to disable adblocking on our site.
- Click on the icon for your Adblocker in your browser. A drop down menu will appear.
- Select the option to run ads for autoblog.com, by clicking either "turn off for this site", "don't run on pages on this domain", "whitelist this site" or similar. The exact text will differ depending on the actual application you have running.
- Refresh the Autoblog page you were viewing. Done!
You still haven't turned off your adblocker or whitelisted our site. It only takes a few seconds.