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GM to sell stake in Subaru (somewhat OT)

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Old 10-07-2005, 06:39 AM
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Default GM to sell stake in Subaru (somewhat OT)
According to the www.nytimes.com this morning, GM is selling its stake in Subaru to Toyota, for roughly 1/2 the price of its original investment. I'm surprised the value has gone down given how well Subaru has been doing.
The article asks a good question: what does this mean for Saab? Is this the end of the Saabaru 9-2x? Would anyone really miss it?

Have coffee? Then discuss!

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Old 10-07-2005, 07:20 AM
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Default It's shame that GM is struggling.... Maybe, I should lease a GM car next..
..
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Old 10-07-2005, 07:50 AM
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Default Re: It's shame that GM is struggling.... Maybe, I should lease a GM car next..
bad company. you should read "all corvettes are red." it really makes GM look bad.
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Old 10-07-2005, 03:05 PM
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to Toyota? that's awesome news for Subaru IMO
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Old 10-07-2005, 07:57 PM
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Default The value of GMs investment has nothing to do with Subaru
It's their parent company, Fuji Heavy Equiptment Corp., of which GM owns a percentage, that is to blame.
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