Mercedes-Benz USA Taking Smart Car Sales from Penske

MSNBC - February 14, 2011

Daim­ler AG says that Mer­cedes-Benz USA and Penske Auto­mo­tive Group are in dis­cus­sions on tran­si­tion­ing over the Smart unit from Penske to Mer­cedes deal­ers. Penske had been try­ing to dis­trib­ute Smart fort­wo cars through its 77 deal­er net­work, but sales con­tin­ued to nose­dive.