Rick said:
Local paper reported several weeks ago this option's on the table, but
GM's still hashing over what to do w/ SAAB.
Toyota increasing it's stake in Subaru makes sense as they already have
a business relationship and their vehicle really do not compete very
much. Subaru has staked out a nice little niche with their boxer
engines and four wheel drive. The problem for GM is that nothing Subaru
does integrates well into a GM platform strategy. The marriage never
made sense.
Another factor is that GM and Toyota has a long relationship which
continues with the Nummi plant in California and it's building of the
Pontiac Vibe.
I'm sure GM would sell Saab and Ford would sell Jaguar IF there were any
buyers willing to put serious money on the table for those brands. But
who would?
Unfortunately Saab has become a don't care brand on the world stage. If
Saab closed up shop tomorrow the people directly involved would loose
financially and perhaps emotionally, but it would make ZERO difference
to the marketplace. The same is true for Mitsubishi, Isuzu, Jaguar,
Land Rover, Kia and others. Subaru has an interesting niche, but also in
the end is not a company of great consequence.
Ten years from now I predict that GM will have gone through at least one
pass at Chapter 11 bankrupcy and will be down to the Chevy and Cadillac
brand names. Ford is likely to follow the same path and in so doing
will finally wipe out the family control of the company as well as
skinnying down to the Ford and Volvo brands. Lincoln, Mercury, Jaguar,
Aston Martin and Land Rover have net negative remaining value.
John