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DaimlerChrysler announces Smart’s arrival in United States

After a flurry of rumors, DaimlerChrysler chairman Dieter Zetsche announces on June 28, 2006 that the company’s urban-focused Smart brand–already popular in Europe–will come to the United States in early 2008. Smart–an acronym for Swatch Mercedes ART–began as a joint venture between Swatch, the …

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