Penske taps Nissan to build new four-door Smart

BLOOMFIELD HILLS, Mich. (AP) - October 6, 2010

Penske says the new car, set to go on sale in the fourth quarter of 2011, would expand Smart's lineup to include a larger five-seat passenger car. Smart currently sells a two-passenger minicar, the fortwo, sales of which are down 62 percent this year.

Smart is distributed by Penske in the U.S., but the brand is owned by Germany's Daimler AG.

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