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Author: TMFTwitty Big funky green star, 20000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 625  
Subject: DaimlerChrysler's Smart Move Date: 3/29/2006 3:42 PM
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http://www.fool.com/News/mft/2006/mft06032912.htm?ref=btp

DaimlerChrysler's Smart Move
By Tarek Sultani
March 29, 2006

DaimlerChrysler (NYSE: DCX) announced that it will spend roughly $1.2 billion to fix its Smart car unit. The plan involves ceasing production of Smart's four-seater model, which was once the vehicle the company hoped would bring the Smart unit into the black. DaimlerChrysler also announced that it will cut 300 jobs from Smart's headquarters in Boblingen, Germany.....
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