[Tstag]

Remember when GM paid Fiat about 2 billion dollars not to make GM buy Fiat out?

That now looks like a really dumb decision. Fiat has been enjoying record sales growth and is the fastest growing brand in Europe. Worse still it has a range of small cars that could easily have sold under a GM brand name in the USA. Then there is Alfa which has been doing well and Ferrari. Another great brand. Which just leaves Lancia.... well nevermind. But the point is this. Selling Fiat was a major mistake. And it could prove costly.

 

[ksr]

You know, I think we all knew inside that when GM paid Fiat to go away, it would turn out this way.

It just seems to be the way things have gone for GM in it's recent history.

 

[mbukukanyau]

remember when GM bought Daewoo?

 

[fp115]

remember when GM bought Daewoo?

Remember when their sales skyrocketed?

 

[Titanic]

remember when GM bought Daewoo?

remember when GM bought Saab?

 

[CJ Thunder]

You know, I think we all knew inside that when GM paid Fiat to go away, it would turn out this way.

It just seems to be the way things have gone for GM in it's recent history.

What is that saying that pertains to this current situation...oh History repeats itself...that is...

 

[Butz]

GM sure is unlucky. Who would of thought Fiat would be doing so well?

 

[mbukukanyau]

GM sure is unlucky. Who would of thought Fiat would be doing so well?

without the $2B from GM, where would they be? Also GM got 51% of V Motori, where Cadillac, Chevy, Hummer and Saab all get their common rail Euro Diesels. Not bad.

 

[wildgoosechase]

Would Fiat have been so successful if GM still owned it?

 

[mbukukanyau]

^^^ Noooo

 

[96_impala_ss]

remember when GM bought Saab?

remember when GM bought Isuzu?

 

[F14CRAZY]

Would Fiat have been so successful if GM still owned it?

heh SAAB comes to mind

 

[Titanic]

remember when GM bought Isuzu?

Remember when GM bought Hughes Electronics and developed DirectTV?

 

[member12]

remember when GM bought Daewoo?

That was probably a good decision.

remember when GM bought Isuzu?

A little more questionable decision here. Buying shares in Detroit Diesel, Deere, or Cat would have probably been just as effective in gaining access to diesel technology.

 

[2002 Caddy]

OK, lets do a little poll

Hands up, who thinks that GM has too many brands and too much product overlap... OK everyone put your hands down...

Now hands up, who thinks that all of these goofy mergers are a good idea...

NONE of them are. All they do is bring more models and brands to the fold when we already have at least three divisions too many.

All of these mergers have been mistakes... Even the fiat deal which got us Diesel engines... Do the math, I wish GM Finance did once in a while, it is easy, simply divide the billions lost in that merger by the number of engines we got/used... You will see that it would have been cheaper to buy them at full retail.

 

[Smaart Aas Saabr]

remember when GM bought Isuzu?

No because that was in like 1971 :lmao:

 

[fp115]

OK, lets do a little poll

Hands up, who thinks that GM has too many brands and too much product overlap... OK everyone put your hands down...

Now hands up, who thinks that all of these goofy mergers are a good idea...

NONE of them are. All they do is bring more models and brands to the fold when we already have at least three divisions too many.

All of these mergers have been mistakes... Even the fiat deal which got us Diesel engines... Do the math, I wish GM Finance did once in a while, it is easy, simply divide the billions lost in that merger by the number of engines we got/used... You will see that it would have been cheaper to buy them at full retail.

None? Look up in this thread a bit... Daewoo, Izuzu.

 

[Xenon]

remember when GM bought Saab?

The Chevy Cobalt by itself probably outsells the whole Saab Lineup.

 

[powervette]

GM sure is unlucky. Who would of thought Fiat would be doing so well?

where is said that fiat was doing well???

 

[kilcher]

remember when GM bought Saab?

Remember when Toyota bought Consumer Reports?