Was Daewoo the best $750M that GM ever spent...or what?

Z284ever
11-29-2005, 06:01 PM
http://www.autoweek.com/news.cms?newsId=103676

slt
11-29-2005, 06:12 PM
What we want to do at Chevrolet," Lyon said, "is have a much more dramatic, bold, dynamic look - very powerful-looking cars, whether it's a car or a truck, commuter car or whatever."

Sounds good to me.

Chrome383Z
11-29-2005, 06:31 PM
Good News.

Jason E
11-29-2005, 07:50 PM
Quite a change from the milquetoast Impala, eh?

Interesting. I wonder where that leaves Pontiac?? Wait...that would be the same dumpster Olds is hiding in :(

R377
11-29-2005, 08:20 PM
In an industry littered with acquisition/alliance failures (GM-Fiat, GM-Saab, GM-Subaru, GM-Isuzu, Ford-Jaguar, Ford-Land Rover, BMW-Rover, Mercedes-Mitsubishi, Mercedes-Smart), it's nice to see one finally work. Although, I imagine the story might have turned out a bit different if Daewoo had've been purchased (by Ford) for the original ~$7 billion price tag instead of the $750 million GM paid.

Z284ever
11-29-2005, 10:41 PM
Let's not forget, in addition to design and engineering resources, the $750M also got three assembly plants with a combined volume of 600,000 units annually. And guess what - they're selling well worldwide.

guionM
11-29-2005, 10:47 PM
Much better than Daewoo was doing on their own. :)