GM change its mind?
November 8, 2011 in Editorial
A lot of Swedish media is now speculating that GM might change it’s mind about the 100% ownership deal with the chinese if the NDRC would say yes to the deal. Many newspapers are seeking advice from people with absolutely no connections to Saab what so ever trying to get their opinion on the matter?
So what do we think? Well, I don’t think there is any idea to chase “experts” again as has been proven to be in vain so many times before. I for one have never thought that GM would approve this deal, regardless if it’s a matter of 54% ownership or 100% ownership. As we talked to James Cain yesterday I got the feeling that GM are very careful with it’s technology.
Look at Japan as a good example in history, it didn’t take long for them to buy technology from the western world and with their amazing commitment, the Japanese soon not only caught up with the western world, but also passed them technology wise and today, Japanese car companies are some of the most advanced in the world.
This scenario could very well play out in China as well, so why would GM aid in this development by selling its technology to companies in china who clearly are only interested in exploiting it? The question is, if we were the Chinese, would we act differently? Probably not.
But in the best interest of Saab’s future I think the “save” might not located in the big country in the east.