The organisation behind a failed bid for MG Rover, Project Kimber, will continue production of the Smart Roadster it was revealed today.
Project Kimber and Smart owner DaimlerChrysler last Friday signed a memorandum of understanding over the car, which Smart decided to axe from its range in 2005.
Contracts will now be drawn up which will allow Project Kimber to continue building the car under another brand and name. Tools and parts that Smart no longer requires since axing the model will also be sold to Project Kimber so it can restart production.
Part of Project Kimber's unsuccessful bid for MG Rover last year included plans to offer the rebadged Smart as an affordable sporty coupe.
Led by corporate fixer David James, Project Kimber is yet to reveal when or where production of the car will be launched, what engines it will use, how much the cars will cost and when they will go on sale.
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