No Smart-takers? Smarts pile ups as order cancellations accelerate

March 17, 2009 at 7:02 pm

(Source: Autobloggreen)

 

Last November, when we talked with SmartUSA boss Dave Schembri at the LA Auto Show, he acknowledged that a number of the people who had placed early orders for the tiny fortwo had canceled before taking delivery. At that time, the cancellation rate was about thirty percent, although most of those cars were being taken up by people who wanted immediate delivery. Apparently, that situation has changed as dealers who last year typically had no more than a meager handful of cars in stock now sometimes have dozens. 

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