Smart is saved ... kinda
DaimlerChrysler announced a $1.5 billion restructuring plan today for its ultra-compact Smart brand and is now hoping that Smart will break even in 2007. DamilerChrysler also confirmed that its next generation products will fulfill all U.S. regulations, paving the way for Smarts introduction into the United States. Despite the good news, the company said it will end production of its Smart roadster this year. (The planned sport utility version model will also be scrapped.) For those of us who have been Smart fans since the get go, it's sad to hear because the Roadster looked even more interesting and exciting than the Smart fortwo and Smart forfour. Will someone please tell me why this keeps happening?!?