Mercedes-Benz USA Intends to Transition the Distribution of smart from Penske Automotive Group

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Mercedes-Benz USA LLC and Penske Automotive Group
PAG
today announced they have started discussions to transition the distribution rights, management, sales and marketing activities of smart USA from Penske Automotive Group to Mercedes-Benz USA. The transition is expected to occur by the end of the second quarter of 2011.
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