"If somebody else would try to develop technical solutions which are as good, practical solutions which are as good, and to develop a brand which is as credible, then I say good luck," says Marcus Breitschwerdt, president and chief executive of Mercedes-Benz Canada. Perhaps luck won't be necessary. The time will come soon when the smart gets its first real microcar competitor in North America in the form of the Toyota iQ. The new Japanese entry (technically) seats twice as many occupants as its rival, though the smart does have a bit of a head-start in the market. It will be interesting to watch the two little cars fight it out on the sales floor. Thanks for the tip, Lee!
[Source: Fiancial Post]