The Smart plant in France is more a liability than an asset. It's clearly the wrong place to be making that car.
More Quotes from Stephen Cheetham:
It's a logical tidying up of their portfolio. With 2 billion euros worth of restructuring costs for Mercedes and Smart this year, it makes perfect sense.Stephen Cheetham
Smaller SUV's are a very strong growth segment. There's no doubt in my mind that this is a good product.
Stephen Cheetham
The figures look fine, they're slightly ahead of our expectations.
Stephen Cheetham
It doesn't solve Fiat's main problem of having too many costs in Italy,
Stephen Cheetham
I had heard that he was writing stories under different names. Something about how he claimed to be a Vietnam veteran at one point, claimed to be a Native American Indian at another point. His parents were a very middle-class, working, typical American fa
Stephen Cheetham
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