Daimler Smartens up
The two-seat Smart car was supposed to herald a revolution in procurement, logistics, design, and manufacturing, but it turned out to be none of those things. After billions of dollars in losses, Daimler killed the original concept; the brand name survives on a conventional small car being developed by Nissan. Revolutions, it turns out, are easier to dream up than execute -- a lesson that some Silicon Valley entrepreneurs may learn the hard way.
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Last updated December 31 2010: 9:35 AM ET
