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Mercedes to take over Smart distribution from Penske

Daimler AG CEO Dieter Zetsche, left, and Penske Automotive Chief Roger Penske unveiled plans in Detroit in June 2006 to market the Smart brand in the United States starting in 2008. (BLOOMBERG FILE PHOTO/BLOOMBERG NEWS)
DT
By:
Diana T. Kurylko
February 14, 2011 05:00 AM

Mercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies announced today.

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