Woah, we got some mix ups in here. To summarize:
The smart ( C> ) logo means: . . . . . . . . . C = Compact
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . > = Forward Thinking
smart is actually an acronym, what it is: Swatch Mercedes Art
Swatch is a watch company that had come up with the "interchangible panels" idea for the smart but dropped out when the smart came into production.