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Contrary to past media reports, the Smart brand will not join the likes of Plymouth, Scion, and Pontiac in the great automotive graveyard.

If that’s a good thing in your books, send a note of thanks to China’s Geely Holding, savior of Volvo and Lotus.

On Thursday, Smart parent company Daimler and Geely announced a 50:50 joint venture to develop and build a new generation of global-market Smart models in China.

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Chinese Step In And Save SMART From The Graveyard With 50:50 Joint Venture

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