Smart saved with Renault partnership

A recently announced deal between Daimler, and Renault-Nissan will see the next generation of Smarts sharing platforms with the French marque. The alliance also sees each company taking three percent of the other's shares.

This news is good for Smart, as the company has long been struggling to turn a profit and the deal guarantees its future. A short wheelbase platform being developed by the new pairing will underpin the next generation Smart, as well as the Renault Twizy and a new Nissan small car to take on Toyota's iQ. A longer wheelbase will also be used, which could provide a replacement for the short-lived Smart ForFour.

The move also increases the chance of a full production electric Smart, given that the Twizy is currently an electric-only concept.