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Daimler's Smart Car Sales Defy Global Financial Downturn | Business | Deutsche Welle | 13.01.2009
Carmaker Daimler's miniature Smart car has had success in the difficult US market, with more models sold there than any other country apart from Germany and Italy.

Roger Penske, the head of the Penske Group, a Detroit-based dealership chain that has partnered with German auto company Daimler to distribute Smart cars, said the figures were surprising considering sales "didn't really get started until February (2008)."

 

Daimler said it had expected to sell around 16,000 units of the French-made two-seater, but that this figure was bettered by more than 8,000 additional vehicle sales.

 

The new Smart even seems to have defied current auto sales trends in the US, which have been in freefall since the credit crunch took hold. There is a six-month waiting list for the Smart.

 

[...]

 

Penske said that 55 percent of prospects who placed a $99 Internet deposit to reserve a Smart car had eventually gone through with purchasing one of the vehicles.



The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Tue Jan 13th, 2009 at 03:10:52 AM EST
[ Parent ]
Sold in America? A two-seater? What has the world come to?

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Jan 13th, 2009 at 04:02:31 AM EST
[ Parent ]

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