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Daimler, Renault, VW and Fiat cars on list of European industry's biggest money losers

Daimler's first-generation Smart ForTwo lost about 3.35 billion euros, Bernstein Research estimates. (Weyhenmeyer 0049-172-7132086)
January 13, 2014 05:00 AM

Automakers from Fiat to Volkswagen and Daimler to Renault lost a combined 20 billion euros developing and selling models ranked in a top 10 list of the European auto industry's most “catastrophic” failures of the past 15 years.

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