GERMANY: German sales up 47 percent for DaimlerChrysler's Smart mini-car
DaimlerChrysler AG's unprofitable Smart mini-car unit has seen its sales in Germany in the first eight months of the year rise 47 percent to 32,000. "In a total car market in Germany that is shrinking, we have been able to increase our market share to 1.4 percent," said Juergen Fahr, a Smart sales executive. Last year, the two-seat car's share was 0.8 percent. Smart sold 40,000 cars last year in Germany and expects to increase that by 20 percent this year.
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