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Smart (stylized in lowercase) is a German automotive marque established in 1994. Smart Automobile Co., Ltd. is a joint venture established by Mercedes-Benz AG and Zhejiang Geely Holding Group in 2019 and aimed at producing Smart-badged cars in China to be marketed globally.
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
Plant Name Address Products Flat Rock Assembly Plant: 1 International Dr. Flat Rock, Michigan 48134 Ford Mustang: Chicago Assembly: 12600 S Torrance Ave. Chicago, Illinois 60633
smart Car Fortwo EQ Prime car insurance. Average annual premium. Minimum coverage. $571. Full coverage. $1,865
ZAP sold shares and dealer franchises, partially based on its intention to sell and finance the retrofitting of the Smart Car to USA standards. The importation and conversion to meet US safety and EPA regulations was engineered and performed by G&K Automotive of Santa Ana, CA. Zap quoted mileage figures for the car as being in the mid 40 range.
The Smart Fortwo (stylized as "smart fortwo") is a two-seater city car manufactured and marketed by the Smart division of the Mercedes-Benz Group for model years 1998–2024, across three generations — each using a rear-engine, rear-wheel-drive layout and a one-box design.