Date: Sun, 27 Feb 2005 22:13:36 +0000 (UTC) From: Craig's C900 Site <c900nospam.apana.org.au> Subject: Re: Saab must double production...
dxyzcnospamam.com writes: >On 2/21/2005 6:41 AM, Tex wrote: >> http://www.reuters.co.uk/newsArticle.jhtml?type=motoringSummary&storyID=676326 >> >> Looks all the more gloomy for Trollhattan. >> >> - tex >GM couldn't market a shoe. GM should sell SAAB to a private equity firm >while it still has value...Maybe that firm could then leverage that SAAB >tradition... GM are simply trying to become the biggest car maker in all their markets - not just in the USA. There is a lot of common-sense sharing components across platforms, but they have bought into Saab and Subaru deliberately to acquire rights to technology each company had developed, so in effect GM is 'stealing' the technology because they couldn't come up with the ideas themselves. GM should not have bought into Saab at all - Saab as a company wasn't, as far as I know, in any sort of serious financial trouble. But Saab did own a lot of technology that GM wanted. Now GM owns it, and if they spun off Saab it would be without all the technology rights that the company had before GM bought in. So it would just be a shell without any soul. 8-) Craig. -- Craig's Saab C900 Page --> http://nospam/~c900 Sydney, NSW Australia Craig's Saab C900 Workshop -- For all Saab C900 Enthusiasts world-wide! http://www.nospam.net http://www.nospam c900nospam.apana.org.au Come and explore our site, and check out our web-forums, mailing list, etc.