According to the Detroit news smart has reportedly lost a total $4.6 billion over its lifetime and European biggist money car loser of all time ahead of fiat stilo $2.9 billion and vw phaeton $2.7 billion . The smart never achieved any were near the sales Mercedes predicted and a specially...
http://europe.autonews.com/apps/pbcs.dll/article?AID=/20121018/ANE/310189898/daimler-said-to-target-1-billion-euros-in-cuts-to-boost-profit&cciid=email-ane-daily
And you thought it was hard to claim against a warranty now?
According to this article.
I particularly liked the quote from Martin Jones, the Head of Strategic Roads Division at the Department for Transport who said
I can only assume that Mr Jones should either a) Get out more, or b) Learn that some lies really are totally implausible :rolleyes:
From The Wall Street Journal:
Link: http://online.wsj.com/article/SB117913164108101758.html?mod=googlenews_wsj
Reuters is reporting that DC shares rose 5.4% based on this news this morning.
Reuters...
"DaimlerChrysler is expected to choose one bidder as an exclusive negotiating partner by the end of April, and is hoping for a price of at least $8 billion"
http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article1611813.ece
I wonder what will become of the...