DETROIT — General Motor Corp.'s strategy of buying non-controlling interests in other car companies is not an indication that GM won't seek management control, says John Casesa, managing director at Merrill Lynch. As with Fiat SpA, GM also recently purchased a 20% stake in Fuji Heavy Industries Ltd. “These companies can't be bought outright,” Casesa says. “This is a step toward full acquisition.” The No.1 automaker right now is in a transitional structure, he says, establishing what ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.