Latest Automotive News

Subscribe in a reader




Auto Price Quote
Get a free auto price
quote from Edmunds!

DaimlerChrysler recalls 1,650 Smart compact cars in Europe for steering fix

Email   small font medium font large font

Google
 
Web AutoNews24h.com

FRANKFURT, Germany (AP) _ DaimlerChrysler AG said Friday it recalled 1,650 of its revamped Smart Fortwo microcars that were sold in Europe because of reports of possible steering problems.

The revamped model went on the market in April. The company said it ordered the recall after receiving reports that a locking ring was not affixed properly.

DaimlerChrysler spokesman Hubert Kogel said the all the cars had been recalled, repaired and were being returned to their owners.

No accidents or injuries were reported and the countries affected were not listed.

Smart GmbH, part of the Mercedes Car Group, has consistently lost money since it was formed, but DaimlerChrysler CEO Dieter Zetsche has said the company expects to break even later this year.

DaimlerChrysler spent nearly one billion euros (US$1.34 billion) on restructuring Smart, cut 300 of the 750 jobs at the unit's headquarters and ended production of its larger, four-seater Forfour model along with its two-seat Roadster in 2006.

Last year, Smart sold 102,700 cars worldwide, down from 124,300 in 2005.

The Fortwo is scheduled to hit the U.S. market in early 2008, with sales and service going through United Auto Group Inc. The first dealerships to carry the car are expected to be announced in the second half of 2007, with the car available to buyers during the first quarter of 2008. Some versions have, however, been brought to the United States on the grey market.

Given its size, less than three metres long and weighing about 770 kilograms, the company has stressed safety, highlighting a reinforced steel cage and four air bags.

United Auto will be responsible for picking potential U.S. dealers and developing and maintaining the dealership network. It will focus mainly on highly populated areas and have 30 to 50 dealerships.

Shares of DaimlerChrysler were down less than half a per cent to close at 67.70 euros ($90.68) in Frankfurt.

Receive the latest automotive news by email!

Enter your email address:


Find the new car you want on cars.com

Related news
BERLIN (AP) _ DaimlerChrysler AG plans to start selling its micro two-seater Smart car in the United States in 2007, say published reports. The Wall Street Journal reported Saturday that DaimlerChrysler plans to soon ...
BERLIN (AP) _ DaimlerChrysler plans to start selling its micro two-seater Smart car in the United States in 2007 amid declining sales in the European market, a news magazine reported Sunday. The mainstay ...
FRANKFURT, Germany (AP) _ A drop in sales of the Smart fortwo offset a slight gain in sales of Mercedes-Benz branded-cars, automaker DaimlerChrysler AG said Wednesday, as sales last month fell 1.3 ...
DaimlerChrysler said Tuesday its effort to trim jobs at its Mercedes Car Group has been more successful than planned, with 9,300 workers taking early retirement or buyouts. Guenther Fleig, who ...
FRANKFURT, Germany (AP) _ Automaker DaimlerChrysler AG said Monday sales at its Mercedes Car Group dipped three per cent last month from a year ago as it sold 97,800 Mercedes-Benz, ...
Automobile maker Volvo Cars is recalling 56,000 vehicles because of two separate problems. Volvo Cars spokeswoman Maria Bohlin said 38,000 diesel cars of the S60, V 70 XC 70 and XC 90 models ...
FRANKFURT, Germany (AP) _ Automaker Audi AG said Friday that it is recalling 70,000 of its A3 models because of problems with the clutch, a spokesman said. Jochen Grueten said the recall is ...
TOKYO (AP) _ Mazda Motor Corp. said Thursday it is recalling more than 280,000 cars in Japan due to defects, the automaker's biggest vehicle recall on record in Japan. Mazda will recall 287,987 ...
Toyota has recalled about 54,000 passenger cars because of engine problems, Kyodo News agency reported Thursday. Subject to recall are 54,217 vehicles in two models, including the Harrier sport utility ...
WASHINGTON (AP-CP) _ Chrysler LLC said Friday it would recall nearly 300,000 sport utility vehicles to address potential braking problems while driving uphill. In a separate move, Honda Motor Co. said it was ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


DaimlerChrysler recalls 1,650 Smart compact cars in Europe for steering fix
> © 2006-2011 AutoNews24h.com except where otherwise noted