Focus topics

Geely saves Smart

Even from a purely visual standpoint, the new Smart is almost unrecognizable.

Mercedes has often turned its Smart brand inside out. Even before its initial launch, the company scrapped plans to make it an electric car. At the time, this drove away ex-partner Nicolas Hayek, the inventor of the Swatch watch brand. Then followed a rescue attempt through cooperation with Nissan. And even the revival of the Smart car with the French did not lead to success. Subsequently, Mercedes sold 50 percent of the brand to Geely. And no wonder: Geely’s founder Li Shufu is the second-largest Mercedes shareholder.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now


    Leading the world with key laboratories
    The US courts China – while the EU pouts
    Hong Kong on the anniversary: Beijing-red instead of democracy
    Zero-Covid: Criminals exploit Hong Kong’s isolation