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Subaru says goodbye to GM/Saab, hello to Toyota
Posted: Wed Oct 05, 2005 4:56 pm
by rallysam
Have you guys seen this?
GM is selling it's 20% stock in Subaru. Woo hoo! Half of that is being sold to Toyota and the rest sold off to whoever. Presumably this will be a strategic collaboration.
http://forums.nasioc.com/forums/showthread.php?t=859088
Posted: Wed Oct 05, 2005 5:16 pm
by entirelyturbo
"Thank you God so much! Now I just have one more request. GET RID OF THE EDSEL NOSE!!"
Posted: Wed Oct 05, 2005 5:22 pm
by subawhatsubawho
Thats awesome! Toyota makes great, reliable vehicles too.
I guess they didn't want to be linked to POS's anymore.
Posted: Thu Oct 06, 2005 1:03 am
by wiscon_mark
Yesssss!
Posted: Thu Oct 06, 2005 3:02 am
by THAWA
As soon as I got this paper I knew exactly what Mike was going to say
Posted: Thu Oct 06, 2005 1:48 pm
by legacy92ej22t
Sweet! That's awesome.
Posted: Thu Oct 06, 2005 7:05 pm
by LaureltheQueen
OMG! I'm giddy. I'm making a fucking cake tomorrow!
Posted: Thu Oct 06, 2005 9:30 pm
by wiscon_mark
for some reason that made me laugh...see sig
Posted: Wed Oct 12, 2005 2:13 am
by Subtle
Earlier in the year the credit-rating agencies down-graded
GM's debt to junk. Toyota still carries a AAA-rating.
Toyota will be a strong partner. GM is quickly becoming
a financial disaster.
Posted: Wed Oct 12, 2005 4:56 am
by rallysam
Bob Hoye wrote:GM is quickly becoming
a financial disaster.
Seriously! Arguably, Ford is even worse
Posted: Wed Oct 12, 2005 6:46 am
by LaureltheQueen
I made a cake on friday. It was delicious
Posted: Wed Oct 12, 2005 2:03 pm
by Subtle
Yes Ford is a developing disaster as well.
About 8 years ago Brock Yates at CAR AND DRIVER wrote
that unless they(GM and Ford) could build and sell the equivalent of a
Toyota Camry or Honda Accord they were toast.
---good call.
Posted: Wed Oct 12, 2005 3:14 pm
by rallysam
LaureltheQueen wrote:I made a cake on friday. It was delicious
