Via The Galloping Beaver: Chinese Companies Might Buy GM and Chrysler
If the speculation is correct, GM may well find itself owned by one of China's automakers - that's really going to upset the "buy American" crowd, but it might be one of the few practical outcomes for the Big 3 that would result in the kind of dramatic changes in the companies that I've talked about before.
On the other hand, I wouldn't want to be among the senior management of the acquired company. Cross-cultural management is difficult at the best of times, and when the company that has been bought is in need of dramatic overhaul, it's apt to turn into a messy situation for the workers.
If US lawmakers approve a bailout to prevent such a buyout from happening then they will actually be making an even bigger mistake than they did with the banking industry.
A progressive voice shining light into the darkness of regressive politics. Pretty much anything will be fair game, and little will be held sacred.
Subscribe to:
Post Comments (Atom)
Dear Conservative Premiers: The Charter Isn't Up For Shredding
So the 5 conservative premiers have sent a letter to Carney demanding that the Attorney General of Canada (AGC) withdraw its filing with ...
-
Running around the internet, and speaking in various venues is a somewhat rare creature by the name of Walt Heyer who claims to be an ...
-
One of the favourite - and utterly brain dead - criticisms of evolution that is often raised is the "sheer improbability" of the w...
-
The resurrection of Ted Morton's obnoxious Bill 208 has, of course, brought forth a series of right-wing talking points about how ...
No comments:
Post a Comment