Smart move tough on MitsubishiIan Rowley
DaimlerChrysler’s decision to shake-up its Smart mini-car unit looks like creating another headache for execs at struggling Mitsubishi Motor. As predicted by Gail Edmondson (below), DaimlerChrysler announced its intention to shake up Smart on March 25. The bad news for the Japanese company is that as part of the restructuring DaimlerChrysler plans to end production of the Smart ForFour, 40,000 a year of which are currently made on an OEM basis by Mitsubishi at a plant in Holland.
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