DaimlerChrysler pays off Smart suppliers

Ostie, Dorothee
March 2001
Automotive News;3/26/2001, Vol. 75 Issue 5922, p26M
Trade Publication
Reports on a charge taken by DaimlerChrysler to free it from supplier contract penalties for overestimating Smart car production volume. Lower estimated production figures for the car's life cycle; Use of the charge to pay several Smart systems partners to terminate indemnity clauses in their contracts.


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