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Following
DaimlerChrysler’s announcement
that it will be stopping production of the SMART ForFour sedan, partner Mitsubishi Motors Corp. has stated it will end
production at the company’s Netherlands plant as well. The Japanese automaker still plans to manufacturer engines for
DCX’s SMART two-seaters.
Both companies have not yet determined when will be the last day of production. The
Nihon Keizai Shimbun states, though, that Mitsubishi will be seeking financial compensation for DCX’s abrupt termination
of their partnership in the ForFour.
[Source: Nihon Keizai Shimbun via AFX News Limited via Forbes]