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Re: There's no G.M. In "Alliance"
Simple point you made from your article is this, GM would get killed by this.. sort of HP Compaq deal... Compaq is all but dead now...
Another point that I deduce is this, GM is on the rebound.. others see value while reporters are just hyping the same old story they grew up with, without doing Due dilligence...
What I asked myself after reading your article is this, Why would these foreigners be rushing to take over GM if its in that bad of a shape? Is it becouse they know GM will is valuable on the rebound and there is a profit to be made?
GM is still the largest heavy industrial company in the world in terms of manufaturing global foot print.
Being CEO of GM is more a political position that your regular CEO job. An outsider would have trouble runnig it. the vastness of the business is mind boggling.
Think of it this way, amidst of all this hype and mess, GM is in the process of aquiring Con-Way Inc.'s stake in their joint venture which provides logistics services to GM's global supply chain...
Wgoner probably did not even spend two hours on this.. There are people to deal with this sort of stuff.. it will be quickly wrapped into GM and almost forgotten...
GMis also in the process of buying Hicomobil Sdn Bhd of Malaysia by october if all goes well...
Who knows how many other GM subs are out there doing similar deals... some of which are not even material to make it to the news...
Nissan/ Renault... toyota etc.. have no idea what they are getting into. GM is best run by insiders.
Last edited by mbukukanyau : 07-16-2006 at 02:36 PM.
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