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Old 02-15-2011, 07:45 AM   #1
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Default Penske Cuts Ties to Smart USA, Mercedes-Benz Steps In

Just four months after revealing production plans for a four-door vehicle intended for the North American market, Penske Automotive Group said it would relinquish control of Smart USA to Mercedes-Benz USA in the second quarter of 2011. The announcement was made in a jointly released statement on Monday.

Penske has held exclusive rights to sell the Smart Fortwo coupe and convertible since 2007. The company also began distributing a lease-only, purely electric Fortwo late last year. Under Penske, Smart USA has sold more than 45,000 vehicles to American customers.

Under the terms of the deal, Mercedes would assume distribution, marketing, sales and management responsibilities from Penske.
The action was quickly viewed by analysts as a way for Mercedes-Benz to defuse pressure associated with meeting 2016 Corporate Average Fuel Economy, or CAFE, standards, whereby automakers’ fleets are expected, in aggregate, to average 35.5 miles per gallon. Increasing sales of Smarts — the Fortwo has a 41 m.p.g. highway rating from the E.P.A. — could help to lower Mercedes’ fleet average, which in 2008 was the lowest of any automaker operating in the United States.

In October, Smart USA announced plans to develop a four-door vehicle by leveraging its relationship between Daimler AG, Mercedes’ and Smart’s parent company, and Renault-Nissan, the conglomerate with whom Daimler committed in early 2010 to share a measure of vehicle architecture, engines and procurement costs. That car probably would have been built on a chassis from Nissan, though Jill Lajdziak, Smart USA’s president, would not confirm it at the time.
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Old 02-15-2011, 07:56 AM   #2
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Perhaps they should sponsor Smart car races to give them some notoriety
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Old 02-15-2011, 05:08 PM   #3
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just give the damn thing 100hp and a manual tranny!
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Old 02-15-2011, 05:34 PM   #4
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I also like (oYo)!!!!


Originally Posted by boxerinside View Post
just make the damn Smart Roadster again and bring it over, but add a 100hp engine and manual tranny
fixed, and added pictures.

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