Thread: Penske bails out of Smart distribution deal, Daimler takes over
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Old 02-19-2011, 10:49 PM
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Brandon_SLC Brandon_SLC is offline
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Location: High on a mountainside, near Salt Lake City.
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I don't blame Penske for bailing.

Introduced to the market too late.

Gets lousy mileage for its size.

If the 3 Cyl. Turbodiesel had been offered I suspect they would have sold 2 to 3 times as many.

Then there is the Dollar V. Euro exchange rate problem.

I wonder how much Penske lost on the deal?
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