Good news for DaimlerChrysler as its in-the-red Smart will soon break even. Daimler CFO Bodo Uebber is sure to reach the breakeven mark in 2007.



Since its debut in October 1998, Smart has failed to raise its stake in the market. Expecting and balancing the negative scenario, Daimler slashed staff, costs and its planned model lineup. The operating losses are slowly narrowing and CFO Uebber is planning cost cuts at Smart too in the future. But the U.S. market still has to wait for some time to be on the small car’s wheels.



Via: jalopnik