Apparently the Smart car wasn’t so smart for DaimlerChrysler. According to German newspaper Handelsblatt, the Smart brand lost nearly 3.9 billion euros ($5.21 billion) between 2003 and 2006. The loss had an affect on Mercedes Group, which would have recorded a profit of more than 4 billion euros ($5.34) last year. Instead, the Mercedes group posted 2.4 billion ($3.20 billion) euros in operating profits.
Since DaimlerChrysler has not provided profit or loss information within the Mercedes Group, the German newspaper cited documents...
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