I ignored this last week as I couldn’t believe it was even remotely possible, but it’s not going away.
There’s talk going around that GM, the very same General Motors that currently runs Saab, Chevrolet, Pontiac, Hummer, Corvette, Holden, Saturn, Daewoo, Opel, Buick, Cadillac, GMC and Vauxhall (let me know if I missed some) – this GM is apparently in serious talks with Daimler Chrysler about taking over Chrysler (incl Chrysler, Dodge, Jeep etc).
The big question is – why?
The negatives are so overwhelming it’s absolutely ridiculous. A bloated dealer network. More model clashes than you can poke a stick at, inventory problems galore and let’s not even start with the UAW issues.
I haven’t read into this fully yet, but there’s an article over at the Detroit News that’ll bring you up to speed. Obviously, if it were to happen, there would have to be some ramifications for Saab. But I think it’s way too early to figure that out yet.
All I can say right now is that if GM are considering this merely in order to fight off Toyota and retain some symbolism of being #1, then the inmates have truly taken over the asylum.