Daimler to Stick With Electric-Car Unit

DaimlerChrysler said its Global Electric Motorcars unit is profitable and won’t stop selling battery-powered small cars, after Ford Motor Co. decided to halt Think electric-car sales.

Global has annual U.S. sales of about 5,000 cars, which resemble golf carts and have a top speed of 25 miles per hour, said Larry Oswald, vice president of hybrid and electric vehicles at the auto maker’s Chrysler unit and head of Global. He declined to give a profit figure, saying Global sells slightly more cars a year than its break-even point.

Ford on Aug. 30 said it would stop selling Think cars, including the low-speed Neighbor, because of lack of demand.