Car dealership chain Penske (PAG) reaches an agreement with Nissan (NSANY.PK) to sell a...

|About: Penske Automotive Group, Inc. (PAG)|By:, SA News Editor

Car dealership chain Penske (PAG) reaches an agreement with Nissan (NSANY.PK) to sell a Nissan-made small car in the U.S. market under the Smart brand name. Penske already sells the two-passenger Smart ForTwo minicar made by Daimler (DAI) and wants to add a second model to the line in hopes of boosting sales.