Car manufacturers: For Smart, the city flyer is the last chance
Smart is bringing back the car legend Fortwo. Shareholder Mercedes has driven the two-seater project forward - although the iconic car brand has already burned through billions of dollars.
Smart, a joint venture between Mercedes-Benz and Chinese automaker Geely, has unveiled the #2, a new electric two-seater, at the Paris Motor Show. The vehicle is a revival of the iconic Fortwo, which revolutionized city driving when it was introduced in 1998. The new model measures 2.75 meters in length and features a range of innovative design elements, including a scalable platform that could be used for future models.
Smart aims to sell 60,000 units of the #2 per year in Europe, which would be a significant increase from the 13,200 Smart vehicles registered in the region last year. The company has struggled in recent years, posting global losses of over $360 million in 2023 and $380 million in 2024.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
