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:
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.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.