Opel is merely taking on a partner al'a Chrysler and Fiat. Referring GM as
"General Motors" is in error in that article.
"General Motors" assets such as Saturn and Hummer are being sold as well.
The NEW company, GM not "General Motors," will build Saturns for Rodger
Pontiac is still in limbo but Hummer will be built by American General,
including a new Jeep like H4. GM, is not involved other than in supplying
GM owned the NAME Hummer. American General has always built them. From
the H1 up. GM supplied the base chassis for the H2 and H3 as well as
some interior parts. The only change will be that the name will transfer
to American General.
Pontiac is gone from GM. Not really a bad thing since they were simply
rebadged vehicles in the first place.
Penske picked up the Saturn name and one plant so far. I think he is
hoping to build a limited production vehicle.
In the long run I think the new GM will be much stronger. They really
had far more brands and dealers than they ever needed. If you look at
all the brands they have always had the most individual "makes"
Chevrolet, Pontiac, Buick, Oldsmobile, Cadillac, GMC Truck, Saturn, Hummer
As opposed to
Ford, Lincoln, Mercury
or Chrysler, Plymoth, Dodge, Jeep
And when you look at them what do you find.
Chevrolet Trucks = GMC Trucks with different badges.
BOP = 99% rebadged Chevrolets with some extra options.
Cadillac - Some great engineering but they should have stayed true to
the badge instead of offering some rebadged GM sedans.
Saturn - "A new kind of car company" with a sales model that was going
to fail from the start.
Ford, Lincoln, Mercury, have there own share of problems BUT they are
also a much smaller company. Less overhead and fewer dealers cuts down
on the money drain.
As for the Chrysler group. They have always been an "also ran". About
the ONLY products that kept them afloat were the Ram, Caravan and Neon.
Considering that the Caravan has been based on the original K-Car and
the Neon is a downsized version of the same chassis design.....
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