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GM Sees Chief Engineer Depart For SAIC

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As I've said many times before, I see GM selling parts of itself off to the Chinese eventually. Maybe it's brand names, personnel, factories, tooling, or some combination of some or all. But this is the next step as sure as it was for MG Rover. If Saturn's new Opel strategy fails and GM is still running red, a buyer like SAIC would have a pretty nice dealer network already in place. The same could be said for Saab or Hummer or Buick or Pontiac. The Chinese are now the world's largest foreign holders of dollars. Something must be done with these dollars, and the Chinese want to become respected auto players on the world market. 2 + 2 equals 4. Don't think breaking GM up into smaller pieces can't be done. It can and at rock bottom prices.

http://www.forbes.com/2006/04/05/saic-wago...artner=yahootix

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So again, we've now established WHAT Wang Dazong is. We just haven't determined the price.

As I've said many times before, I see GM selling parts of itself off to the Chinese eventually.  Maybe it's brand names, personnel, factories, tooling, or some combination of some or all.  But this is the next step as sure as it was for MG Rover.  If Saturn's new Opel strategy fails and GM is still running red, a buyer like SAIC would have a pretty nice dealer network already in place.  The same could be said for Saab or Hummer or Buick or Pontiac.  The Chinese are now the world's largest foreign holders of dollars.  Something must be done with these dollars, and the Chinese want to become respected auto players on the world market.  2 + 2 equals 4.  Don't think breaking GM up into smaller pieces can't be done.  It can and at rock bottom prices.

http://www.forbes.com/2006/04/05/saic-wago...artner=yahootix

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The article isn't clear as to whether Wang Dazong's responsibilities at GM were global or related only to the Chinese market. In any case, the Chinese will pilfer talent like the Japanese did many years ago in the US (who do you think built the US Sales Ops for the Japanese? Hint - former GM, Ford and Chrysler execs). Only this time, the rising star (China) has lots of money while the former heavyweight (GM) has lots of assets on the block for sale (not just talent).

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This is why you don't want to stumble if you're a public corporation. The vultures are always circling.

The article isn't clear as to whether Wang Dazong's responsibilities at GM were global or related only to the Chinese market.  In any case, the Chinese will pilfer talent like the Japanese did many years ago in the US (who do you think built the US Sales Ops for the Japanese?  Hint - former GM, Ford and Chrysler execs).  Only this time, the rising star (China) has lots of money while the former heavyweight (GM) has lots of assets on the block for sale (not just talent).

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