DaimlerChrysler gets Smart

Ulrich Walker, Smart CEO (what a great job title!), confirmed that the minicar company will continue to offer its money-losing ForFour four-seater. According to Walker, Group CEO Dieter Zetschke strongly supports the Smart brand’s business plan, which shows the company continuing to lose money until 2007. The Smart brand, already offered in Canada, may soon appear in the U.S., with Walker predicting an announcement by the end of the year.

By s.waterman@p1data.com
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Ulrich Walker, Smart CEO (what a great job title!),
confirmed that the minicar company will
continue to offer its money-losing
ForFour
four-seater. According to Walker, Group CEO Dieter Zetschke strongly supports the Smart brand’s business plan, which
shows the company continuing to lose money until 2007.

The Smart brand, already offered in Canada, may soon appear in the U.S., with Walker predicting an announcement by the
end of the year.