Mercedes to produce smart in China!?
It is being reported that Mercedes wants to produce the smart in China, once they launch the smart in the US market. This is said to be a measure to cut down the cost of production and increase the margin, as the smart division is still losing money left and right. Citing a Mercedes-Benz official under the condition of anonymity, auto industry Web site Cheshi.com.cn reported that the company is considering producing Smart either in its existing joint venture in southeast China’s Fujian Province or in a new plant.