Toyota HHR?
#32
Besides I believe the Federal Government would prohibit one auto company from owning major interests in another auto company, as a matter of anti trust, fair trade, and all the rest of that crap.
http://finance.yahoo.com/q/mh?s=TM
http://finance.yahoo.com/q/mh?s=TM
There are more deals like this all over the globe. VW owns Rolls Royce, BMW has Mini and Triumph. Nissan is owned by Renault, Fiat owns Ferrari and others.
No SEC violations in these or the various joint ventures GM still has with Toyota (NUMI), Isuzu (Duramax), Suzuki and others.
#33
No so, GM was the majority owner of Isuzu until last year (37%), owns SAAB, most of Dawoo, part of Suzuki. All of the GM products were once stand alone car companies as was Dodge, Maxwell (Plymouth), Lincoln. Ford owns Volvo, Mazda, Rover & Jaguar. Daimler owned Chrysler, but sold it off earlier this year. Still owns Freightliner.
There are more deals like this all over the globe. VW owns Rolls Royce, BMW has Mini and Triumph. Nissan is owned by Renault, Fiat owns Ferrari and others.
No SEC violations in these or the various joint ventures GM still has with Toyota (NUMI), Isuzu (Duramax), Suzuki and others.
There are more deals like this all over the globe. VW owns Rolls Royce, BMW has Mini and Triumph. Nissan is owned by Renault, Fiat owns Ferrari and others.
No SEC violations in these or the various joint ventures GM still has with Toyota (NUMI), Isuzu (Duramax), Suzuki and others.
But, I forgot to mention (my bad)one American Auto Company owning another American Auto Company. All of the ownership "collectives" you mentioned are of American Companies and controlled (business wise) by the SEC .... and foreign owned...not on the SEC list ( otherwords not traded directly on the American markets).....Note...Toyota is now.
The NUMMI partnership (don't believe Toyota was considered an American traded company in , I think, 1984) was/is just that. A strategic alliance of partners in equal and formed as a separate entity. Neither owns controlling interest and share in the profits (losses). As you know, NUMMI was the first formed of these parnerships.... to explore each companies manufacturing/business processes. And, the Toyota/GM union is limited to only the NUMMI facility and operation....NO OTHERS. Many other manufacturers created SIMILAR partnerships by purchasing portions of other foreign manufacturers (that SEC had no or very little control over) to access one or a group of their skills or facilities. For example, GM at the time, purchased SAAB for their manufacturing facilities in Europe. GM indicated it was "cheaper" to buy than build (IMO, bad decision).
SEC has nothing to do with companies like BMW....who are NOT traded publicly and are family owned.
Some of the rest you mention is ANCIENT HISTORY.....before government regulation....or when very little existed.
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