Negative article about the Smart Vehicle (07/12/06)
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Tim Pollak and Marc Babej have an article in Forbe’s this morning trashing the idea of bringing the Smart Vehicle to the United States in 2008. This is particularly important to us as UnitedAuto Group (UAG/ranked #6,) will be the master franchisor of these vehicles. UnitedAuto Group management has told us the interest level has been incredible and they wished they had the vehicles to sell now. So the early response to the announcement sounds like it has been really positive. We also think UnitedAuto Group’s Chairman (Roger Penske) knows the auto industry better than most, so if anyone can spot a vehicle line that offers potential, it is probably him. Don’t ask us for advice on what vehicles might be ...

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Related Companies: DaimlerChrysler
Penske Automotive Group (formerly UnitedAuto)

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