What Would Happen If GM Sold Out To A Foreign Interest?

Uh, they'd continue to make crappy cars?

At least they are all smiling :-D

GM would be better off to dilute its shares to get out of its financial woes and implement a share repurchase strategy in the future. GM and the U.S. economy will rise again, mark my word!

Vomit

That picture is rubbish. Just the thought of American companies selling out to Arabs conjures up ideations of ritualistic suicide.

Oddly enough, I could careless if anyone else bought them out.

That's just sad. Take a look in the mirror and say "I am a bigot."

Bigot? How narrowminded is that comment. Look at what these guys are doing with all of their oil profit. They're turning around and buying large shares of markets all over the world, IMO, for more than just an investment opportunity. I'm highly suspicious of their motives.

^ It's really scary, actually. After oil drys up they could potentially 'own' most of worlds enterprises. What else can they rely on? Please. Educate me. The middle east would be like Africa w/o Oil profits.

Because of gross budget deficits, in combination with free enterprise, the U.S. is basically selling itself away. The Middle East will not become an "Africa" without oil profits. They're so heavily vested in the world's economies, that they'll probably break even.

The Middle East will not become Africa; the U.S. will become the Middle East. And therein lies my concern.

They will not sell a majority stake of GM to anyone that doesn't hold their own philosophy, so that doesn't mean a foreign investor would be excluded as long as the business interests are in agreement. It may be a small stake at first, but could grow.

I don't think anyone wants GM

The only reason to buy GM would be to break it up into pieces and liquidate it. The sum of the whole is worth less than the pieces.

Of course, someone would have to break the union's grip on GM's labor before they'd be able to break the company up...oh yeah, GM's doing that all ready by buying out/retiring all the union workers.

There's nothing there on the link.

Please post the link, I want to see this article.

The article is the picture!

2nd request - 009 - please post a working link or explain why you dont have one.

GM's not such a bad car company. They've come back with some great product lately. A lot more than either Ford or Chysler.

+1

Which is why Chrysler will probably soon be liquidated and Jeep will be sold to some smart company...

If GM sold out to a foreign company, there could be two different outcomes. When Volvo sold out to Ford, their quality TANKED. I drove a 1995 850 for years and never had a problem, but my 2005 S60 has been a terror. While that's only one instance, consumers have not turned a blind eye to the diminished quality produced by Volvo since the merger. However, there is no question that GW produces crap. While they're easily maintained, they fall apart before 70,000 miles and lack any creative design. With the influence European oversight, they might turn around their company and begin to produce at the level they hoped when their turnaround plan began. For American consumers, that would be encouraging because now they can leave their tool box shut. Even though selling out to a European maker is likely to improve their quality, it also might be a deal with the Devil. Thousands of Americans are employed by this giant and if they sell out to a European maker, that could result in massive job loss. Rendering even lower sales. At this point, it's difficult to predict what would come out of a sellout, but, at this point, there is no question that revisions need to happen.

You do realize Ford had very little input on the S60... Do some research before you spread misinformation.

True..people are naive. Volvo has their own engineers that work under the umbrella of Ford. They may share Ford Chassis but not entire design. I hate when people have no clue how things works and just spew biased comments... Blame Volvo for the issues. Perhaps it is Ford's fault for not keeping a closer watch.

Same with Mazda - only 30% ownership by Ford. They dont "make" Mazdas.

I don't care what GM does as I probably will never buy anything they make. I guess I'm just biased.

No one wants to buy GM. I think no one would be ready to take such a big risk. If these Arabs would buy GM, in a year they'll fall from a Lamborghini to a Kia. LOL.

JUGNU

not sure anyone would buy a company that kept losing hundred of millions of dollar every year.
if they are buying, it is a bless to U.S.

It would never happen but if it DID. I would expect BMW and MB to partner up with GM especially since there are close ties to numerous projects that BMW and MB do not want to lose to a competitor.

Of course dumb comments are expected on this site but GM is on the right track and hopefully learned from its past mistakes. I believe this question should have been asked about Ford.

The fact that Japanese Auto makers do not have to deal with a Union and Japanese Gov't pays former employees medical expenses as well as currency exchange are all major advantages for Japan Auto Makers...no question. BUT Japanese Auto makers were not just happy with that. They developed good reliable cars and changed the way the entire industry produces quality vehicles. US and German makers had to catch up and catch up they did.

US Auto makers have to deal with Huge retirement costs and UAW issues that are finally coming to terms with. With the new deals you can already see big improvements to GM vehicles. Take a look at recent awards. US workers for Toyota are starting to demand a Union to be created which will be interesting in the upcoming years.

As for US economy that will effect all Auto Makes not just domestic so that is a stupid statement.

Benz made a lot of reliable cars in 1980. it is their own fault to cut product cost and let go of their quality.