Date: Tue, 19 Nov 2002 16:05:21 -0800 From: "pablo" <pablonopsamlyhombreNOSPAMnet> Subject: Re: GM plans Saab Restructuring
"Zweef" <barboernopsamemotorfiets.nl> wrote in message news:MPG.1844580299916259896c3nopsam.demon.nl... > > I don't have much confidence in GM as a whole. They're just in for the > money.... I mean, youthink any other car company isn't in it for the money? Sadly, if GM did not care about building cars, they'd slash everything except for trucks and SUVs, which are their only money-makers right now. Since they're not doing that, one must assume they're thinking a bit more strategically. Since anyone with some strategic vision wil see why Saab is key to GM -luxury brands are the only ones that have become more profitable over the last years- it doesn't make a lot of sense to think GM is about to bury it. I think the overall balance of GM's ownership of Saab is positive. It's a learning experience for both sides, but *both* need each other to fulfill their mission: in GM's case, it most likely is "maximize mid-term earnings per share", as every MBA book states, in Saab's case it hopefully is to continue to bring out a unique -and profitable- value proposition ot the market. The alignment of Opel and Saab might be a very good thing, especially now that Opel is starting the up and to the right trend. ...pablo
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