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Story line tonight was that SWAN is negotiating a sale of Saab that will involve GM becoming a partial owner - again.
What will GM do with Saab?
Close it down? - This will incur the wrath of Sweden (and US companies have not done well in anti-trust/IP suits in Europe lately), potentially the wrath of China (which is the source of over 50% of GM's sales and their multiple minority position Joint Ventures with other state controlled companies), and be a diplomatic embarrassment for the US since the Treasury Dept still owns 30% (+/-) of GM. Not likely in my view.
Hands on management? - GM tried this for the 2000 to 2010 time period with mixed results. Plus, GM says they only want to protect their IP. Not likely in my view.
Hands off partner? - GM has done this with Isuzu, Suzuki, Lotus, Fiat, and others with varying results. GM could be involved just enough to protect their (alleged) IP, push Saab to move vehicles off GM platforms quickly, limit/prevent Saab's access to GM's future IP, then GM would sell their position in Saab when the IP issue appears to be minimum risk. This is most likely in my view.
Anyone else pick-up this story line from another source? Could all be just wild speculation too.
posted by 68.43.27...
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- Interesting comment on Detroit business radio tonight, MI-Roger
, Wed, 30 Nov 2011 17:33:16 <-- Viewing This Message- I suspect the Buick brand is not flying..., Mark from Toronto, Thu, 1 Dec 2011 20:23:01
- Unfortunately, Saab brand is worse than a new brand now, dmz789qqq, Fri, 2 Dec 2011 08:43:23
- Buick sales up 52% last yr, another 18% so far this yr, BlueWhite, Fri, 2 Dec 2011 07:50:15
- Re: I suspect the Buick brand is not flying..., No Snaab, Fri, 2 Dec 2011 04:43:03
- Re: Interesting comment on Detroit business radio tonight, Keith
, Thu, 1 Dec 2011 08:12:10
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, Sat, 3 Dec 2011 07:43:59
, Fri, 2 Dec 2011 06:44:57
, Thu, 1 Dec 2011 13:24:46