News

Daimler Announces End of Smart Car Sales

Order Reprints

April 30, 2019—Daimler is ending sales of its all-electric smart fortwo cars in the U.S and Canada, according to a report by TechCrunch.

“After much careful consideration, smart will discontinue its battery-electric smart EQ fortwo model in the U.S. and Canadian markets at the conclusion of MY2019,” a Daimler AG spokesperson wrote in an emailed statement, reported TechCrunch. “A number of factors, including a declining micro-car market in the U.S. and Canada, combined with high homologation costs for a low volume model are central to this decision.”

This isn’t the end of the smart vehicles for Daimler altogether. In March, Daimler announced a joint venture with Zhejiang Geely Holding Group to transform smart into an all-electric brand based in China, according to the story.

 

Related Articles

Edmunds Forecasts Auto Sales to End Year Positively

Ford to End Production on Several Car Models

Driverless Car Sales Expected to Make Up 9 Percent of Market by 2035

You must login or register in order to post a comment.