Belgium Entrepeneur behind Plans to Buy Holden

[Brazen]

Originally Posted by Express

This is not a company going out of business, it's a company changing tact.

Why on earth would GM or any company for that matter want to offer tooling to another party to allow them to go into competition with them.

If I was the CEO of a company that gave the competition a helping hand to supply my customer base with a product they may prefer, I’d expect to be out of work before my coffee has time to go cold.

Sell the premises, maybe.

Sell any intellectual rights or tooling so someone else can manufacturer a product to compete with you, no chance.



.

This is too political to be a simple business decision.

Imagine a public boycott of Holden cars if they refuse to sell the rights to a potential employer of thousands of Australians.

Imagine politicians lining up to bag the company after hundreds of millions have been spent by the taxpayer.

Imagine p!ssing off your biggest fleet customers (Australian government fleets) by not following good corporate citizen practise and seeking out some sort of remedy for a mass extinction of an industry.

I suspect it could be more complex than it first appears. GM could even be a customer and keep in ordering low volume Caprice police cars for the U.S. And SS for the Australian market.