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Wednesday, March 27, 2019

Geely to buy 50 percent of Smart?

2019 Smart FortwoWith Smart's global sales dipping 4.6 percent to just 128,802 units in 2018, parent company Daimler may be looking to drop the brand or at least offload some of the risk, according to the latest reports out of Europe. Quoting a company insider, Handelsblatt reported on Saturday that Daimler's incoming CEO, Ola Kaellenius, is open to dropping the...

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