Smart Automobile is a division of Daimler AG that manufactures and markets small compacts such as the Smart Fortwo. Headquartered in Böblingen, Germany, Smart has marketed a range of vehicles and has its primary assembly plant in Hambach, France. It uses a lowercase logotype in its branding and a logo incorporating the letter “c” for “compact” and an arrow for “forward thinking”. The design concept for Smart’s automobiles began in the late 1980s, associated with Swatch. After a period of backing by Volkswagen, the first model was finally launched by Daimler-Benz in October 1998. Several variants on the original design have been introduced, with the original design, called the Fortwo, now in its second generation and available as an electric version. Smart models are marketed globally, including in Asia, North and South America, Australia and in Europe—and are available in internal combustion, electric and sport models.