Breaking News: GM to Spin-Off Opel - Page 2 - Mercedes-Benz Forum

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post #11 of 13 (permalink) Old 02-28-2009, 05:14 PM
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RW made his bones to the top as VP European Ops, under Smith. Separating Opel from the General gives the corp several opportunities, as follows:

Give RW the pass to a new Opel/Saab AG, to run the new operation (make his severance part of the pack). Throw also Saturn into the package to give the new company a foothold in the US market, thus making it more attractive. Get rid of any plant you built in Eurasia, and make them also part of the new European Corp.

C'mon General, this is your moment of glory, go glow yourself!
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post #12 of 13 (permalink) Old 03-01-2009, 09:39 AM
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Holden?

What is GM's deal with Holden of australia?
Are they a stand alone or does GM still hold a stake?
When I was in OZ, Holden was getting hammered by Toyota/Subaru/Nissan.
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post #13 of 13 (permalink) Old 03-01-2009, 09:55 AM Thread Starter
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Originally Posted by mr.dirt View Post
What is GM's deal with Holden of australia?
Are they a stand alone or does GM still hold a stake?
When I was in OZ, Holden was getting hammered by Toyota/Subaru/Nissan.
Yea, GM still owns Holden.
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