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Re: alfa-digest V8 #744 (was about GM and Alfa)



>Date: Fri, 17 May 2002 19:20:17 EDT
>From: GLewis4457@domain.elided
>Subject: Re: alfa-digest V8 #744
>
>In a message dated 5/17/2002 2:33:48 PM Central Daylight Time,
>owner-alfa-digest@domain.elided writes:
>
> > It doesn't fit GM's model either to
> > spend so much money to buy companies.  Its obvious they rather
> > own minority stakes (ala Suzuki, Subaru, etc.)
>
>Like Daewoo?
>
>Jerry in Houston

Yes, indeed exactly like Daewoo.  GM purchased 42.1%, and at a
bargain price (i.e., not spending so much money), to create this
joint-venture.

Ryan
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