GM makes a Swift Exit

Steeroid · 8th March 2006, 01:35

How come none of you bright young boys noticed or brought up the fact that GM just dumped their 30% share in Suzuki?

Or that it was GM that licensed the Diesel tech to Suzuki.......will that engine now go into the Aveo, I wonder?

Mpower · 8th March 2006, 02:39

I heard about it Steer.

First it was Fiat, then Subaru and now Suzuki. Is it going to be Saab next???

The press release said that co-operation and vehicle sharing will continue.

I hope GM struck a deal with Suzuki to buy those engines to put into the Aveo for diesel crazy India.

Or is that too much to ask of them?

Steeroid · 8th March 2006, 11:34

Quote:

Originally Posted by Mpower

I hope GM struck a deal with Suzuki to buy those engines to put into the Aveo for diesel crazy India.

GM Powertrain holds the rights to those engines. I'm sure they can "convince" Maruti to share those engines with GM India....else Maruti (and Suzuki) will have to start developing diesel tech on their own.

ajmat · 8th March 2006, 12:57

GM is too broke and distracted to nruture the companies that it took a stake in. It was cheaper to pay to get out of Fiat.Suzuki stake sale gives them some cash, ditto Subaru. No one wants Saab.

They say GM is a major healthcare provider which also makes cars on the side

supremeBaleno · 8th March 2006, 14:59

Quote:

Originally Posted by ajmat

They say GM is a major healthcare provider which also makes cars on the side

Ajmat, that was a good way of putting it.

8th March 2006, 01:35	#1
Steeroid Senior - BHPian Join Date: Mar 2005 Location: N.A Posts: 7,046 Thanked: 2,751 Times	GM makes a Swift Exit How come none of you bright young boys noticed or brought up the fact that GM just dumped their 30% share in Suzuki? Or that it was GM that licensed the Diesel tech to Suzuki.......will that engine now go into the Aveo, I wonder? Last edited by Steeroid : 8th March 2006 at 01:37.
	() Thanks

8th March 2006, 02:39	#2
Mpower Senior - BHPian Join Date: Mar 2005 Location: Bangalore Posts: 10,409 Thanked: 1,730 Times View My Garage	I heard about it Steer. First it was Fiat, then Subaru and now Suzuki. Is it going to be Saab next??? The press release said that co-operation and vehicle sharing will continue. I hope GM struck a deal with Suzuki to buy those engines to put into the Aveo for diesel crazy India. Or is that too much to ask of them?
	() Thanks

8th March 2006, 12:57	#4
ajmat Team-BHP Support Join Date: Feb 2004 Location: Bangalore Posts: 14,860 Thanked: 27,956 Times View My Garage	GM is too broke and distracted to nruture the companies that it took a stake in. It was cheaper to pay to get out of Fiat.Suzuki stake sale gives them some cash, ditto Subaru. No one wants Saab. They say GM is a major healthcare provider which also makes cars on the side
	() Thanks