Date: Fri, 27 Jul 2001 07:38:52 GMT From: Marc Escuro <mgescuronopsam.com> Subject: Re: The General owns SAAB
On 7/26/01 4:51 PM, in article wT187.15147$a04.55792nopsamfeeds.bigpond.com, "Warren Pattinson" <yalandanopsamond.com> wrote: > Reading an auto mag last night I was horrified to find that General Motors > owns SAAB, lock stock and barrel. Yup.... Since January!!! > How come a company with such a refined pedigree including aircraft design > and manufacture (much of which has rubbed off onto its automobiles) has sold > out? I would have thought national pride would have prevented this. I think SAAB is better for it!!! These days in the big auto consolidation, you need major partners. GM has control or influence over or works very closely with: Buick, Cadillac, Oldsmobile, Pontiac, GMC Trucks, Saturn, Chevrolet, Hummer, SAAB, Isuzu, Suzuki, Subaru, Fiat, Honda (to some extent). GM sold Lotus and their share of Hyundai a few years back. There's been rumors of GM working with or taking over BMW Remember, Ford is just as "influential" as GM.... Ford, Lincoln, Mercury, Jaguar, Rover, Volvo, Mazda. -- Marc Escuro mgescuronopsam.com http://home.att.net/~bryesquire "...when all hope is gone, you know sad songs say so much..."
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