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OKIsItJustMe

(22,048 posts)
2. Consider GM
Thu Sep 21, 2023, 10:13 PM
Sep 2023

GM was formed from several competing companies (that’s why they have manufactured vehicles under so many brands.) Other companies they bought, simply to get access to their technology (e.g. Lotus, Saab.)

It wasn’t so much to “destroy the threat,” (i.e. Lotus and Saab never represented real threats to GM) as it was to add to their strength.

I fully expect that if an energy transition successfully takes place, you will see some very familiar names dominating the new industries.

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0 members have recommended this reply (displayed in chronological order):

Worthy of repeating.... Think. Again. Sep 2023 #1
Consider GM OKIsItJustMe Sep 2023 #2
I agree.... Think. Again. Sep 2023 #3
I'm afraid the only way to get it to happen in a timely fashion is regulation OKIsItJustMe Sep 2023 #4
I disagree.... Think. Again. Sep 2023 #5
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