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Penske Auto And Nissan Sign Deal To Sell Smart-Branded Cars
Wednesday, October 6, 2010 - 9:41am | 262On Wednesday, Penske Automotive Group (NYSE: PAG) formed a non-binding agreement with Nisson Motor Co. (NYSE: NI) to sell a Nissan manufactured car in the U.S. under the Smart car brand. Penske already sells the tiny two-passenger Smart ForTwo minicar made by Daimler AG, and is interested in a...