As the Chinese Geely rescued German smart

Как китайский Geely спас немецкий smart

More recently, “daymlerovskaya” brand smart waited by a sad fate: there were rumours that the loss-making company are going to eliminate, and the final decision will be made before the end of this year. But in stepped the guys from Geely and perspectives of the “smart” sparkle with new colors.

As reported the press service of Daimler, today Geely Holding acquired 50% of the assets of the brand. So urban baby not zakachat its history, but some changes will happen.

First, build smart car in 2022 will move to a joint venture in China. At the same time will present a model of the new generation. And while the machines will continue to produce in two factories in France and Slovenia.

As reported previously, all cars of the German mark during the change of generation will get rid of the classic internal combustion engine and switch entirely to the electric motors. These cars will be designed for consumers in Europe and China.

It is worth mentioning that the brand smart are not the first whose assets relished Geely. In 2009 the Chinese bought 100% shares of the Australian company that manufactures automatic transmission, the year the holding company bought Volvo Cars from Ford, and another two acquired the London Taxi Company from the British. And this is only a fragment of the list of acquisitions.