2016 Smart Fortwo on 2040-cars

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Daimler to sell half its stake in Smart to Geely, Reuters reports [UPDATE]

UPDATE: Reuters on Tuesday reported that Daimler AG is nearing the sale of a 50 percent stake in its small-car brand Smart to China's Geely Automobile Holdings, the Financial Times said on Tuesday, citing three people familiar with the matter. The sale will be confirmed before the Shanghai Auto Show in April, FT said. Both Daimler and Geely declined a Reuters request for comment. Last year, Geely built up an almost 10 percent stake in Daimler in a $9 billion bet by its chairman and became the biggest shareholder in Daimler. Previous story appears below: A new report from Germany's Handelsblatt says Daimler will decide the fate of its money-losing Smart microcar brand by year's end. Dieter Zetsche and his signature white mustache will retire in May, taking his support for the brand with him, and designated successor Ola Kallenius was steeped in Mercedes-Benz's AMG world of performance cars. Meanwhile, Kartrin Adt, a former Daimler Human Resources VP who took over as head of Smart last September, has yet to formulate a strategy to steer the brand to profitability and has reportedly focused on energizing the brand and looking for a partner in China, including with Volvo owner Geely. "Ola has no history with the Smart," Handelsblatt quotes an unnamed insider as saying, and no scruples about burying the brand. It's not the first time the brand's future has been cast into doubt. Last fall, rumors circulated that Renault was likely to pull the plug on its partnership that created the Smart ForTwo and Renault Twingo, which share a platform. The publication said the brand hit an all-time global sales high of more than 150,000 in 2004, and it's been mostly downhill since then, having never turned a profit since its introduction two decades ago. According to CarSalesBase.com, sales of the ForTwo have dropped from a high of 24,622 in its first year in the U.S. in 2008 to just 1,276 last year. In Europe, Smart sold 62,361 FourTwo models last year, and 97,346 vehicles in total. Smart's latest plan is to convert to an all-electric urban mobility brand, though that might be too costly, and hence the shopping for a partner in China. At the Geneva Motor Show earlier this month, Smart showed what it called the Forease+, a curious two-seater concept and update on the Forease shown last year in Paris. It features a hard fabric shell roof with a soft fabric cover with no side or rear windows and no climate control.

Five reasons to love, or hate, the culture of German cars

A few months back, we took a 500-foot view of the culture of American cars, dissecting prides and prejudices on our way to the conclusion that automotive allegiances can be simultaneously embraced and derided. We had so much fun with the narrative that we decided to do it again, this time taking a look at Germany and its world-renowned lineup of automakers, including the likes of Audi, BMW, Mercedes-Benz, Porsche and Volkswagen, among others. Join us below as we discuss the points and counterpoints that make or have made the German auto industry what it is today. And remember, Germany did pretty much invent the automobile, after all... The V12 Engine If America is known for the proliferation of the V8 engine, an argument could be made that Germany owns the V12. Yes, of course, other companies have created V12 engines – Ferrari, Jaguar and Lamborghini immediately come to mind – but the big 12-cylinder powerplants from BMW and Mercedes-Benz, in particular, have proven to be some of the most effortless, luxurious and downright over-built engines the world has ever seen. These days, having 12 cylinders is more a case of wretched excess than ever before, and yet, you can still stroll into your local BMW or Mercedes dealership and get a brand-new 760i, S600 or even an over-the-top G65 AMG, efficiency be damned. Best of all, since the majority of these German powerhouses depreciate as fast as an anchor sinks, nearly any auto enthusiast who dreams of a dozen cylinders can satisfy their carnal desires. Current Star: 2016 Mercedes-Maybach S600 View 28 Photos Diesel Engines Remember how we talked about those glorious V12 engines? Well, you can even get one from Audi that runs on diesel. If your compression-ignition fantasies err more on the side of fuel savings, that's no problem, either. Audi, BMW, Mercedes and Volkswagen have got you covered, with engines starting as small as 800 cubic centimeters (Smart Fortwo). If you want something a little more practical, it's hard to argue with a VW Golf TDI, which will provide plenty of space for you and three of your best friends, plus a fair bit of luggage, all while returning 50-ish miles per gallon. For the purposes of this discussion, we'd rather focus on the asinine levels of torque provided by Germany's high-end diesel engines than the lower-end fuel sippers.

Smart Fortwo Edition Moscot is a strange collaboration

If you happen to be the type who prefers your eyeglasses to match your car, we have great news: Smart has teamed up with Moscot of New York City to create the Smart Fortwo Edition Moscot. The black and yellow (black and yellow, black and yellow...) cabriolet is likely to be the last and final version of the long-running first-generation city car, as a new model is right around the corner. It doesn't happen often, but we're really at a loss for words on how best to describe this offbeat collaboration, so here's a statement from Dr. Annette Winkler, Head of Smart: "The 'Smart Fortwo Edition Moscot' and the 'Lemtosh smart' eyeglasses look great. I'm also particularly delighted by the way they combine to showcase the urban lifestyle and our smart attitude to perfection." So, there you have it. Urban lifestyle, smart attitude and perfection, all wrapped up in one microcar package. Feel free to read more in the press release down below, and be sure to check out our high-res image gallery of live photos above. smart fortwo edition MOSCOT: Special edition smart fortwo cabrio with cult appeal Milan/Geneva, Feb 28, 2015 smart and MOSCOT invite fans to "Keep moving–stay original!," with the introduction of the new black and yellow "smart fortwo edition MOSCOT". It will be produced in a limited run of 100 units. Also new are "The LEMTOSH smart" eyeglasses in coordinating colours, and "The MOSCOT smart Drive Package" featuring three clip-on sun lenses for perfect vision on the road in all weather conditions. The world premiere takes place in Milan/Italy on 28 February 2015 at the "MOSCOT 100-Year Anniversary Party," at the "Officine Del Volo" against the backdrop of the MIDO eyewear fair. The "smart fortwo edition MOSCOT" will make its second major appearance at the Geneva Motor Show (5 to 15 March 2015). The exclusive two-seater cabrio with the BRABUS 75 kW turbo engine is available in Germany at prices starting from ˆ29,524 (recommended retail price including 19% VAT). The first vehicles will be delivered to customers in early summer. To mark the 100th anniversary of MOSCOT and the impending finale of the current smart cabrio, smart, the Stuttgart-based car brand for urban mobility, and MOSCOT, the New York City eyewear institution, joined forces to produce the special "smart fortwo edition MOSCOT" featuring a striking black and yellow colour scheme in a limited run of 100 units.