Wednesday, November 22, 2006

What Happens To SatRad If Ford And GM Merge?

Eventually, I believe XM and SIRI hardware will be interoperable and the decision to subscribe will be made based on content preference rather than manufacturer alliance. If Ford and GM merge, this process would most likely be accelerated.

GM's Lutz says open to Ford alliance - paper
ZURICH, Nov 19 (Reuters) -

No. 1 U.S. carmaker General Motors is open to an alliance with its No. 2 rival Ford , Vice-Chairman Bob Lutz said in a newspaper interview on Sunday.
Asked whether GM would choose to go it alone or merge with Ford, Lutz said, "We are open to alliances. But we can also be successful alone."
Lutz spoke in an interview in the Swiss newspaper SonntagsZeitung.
Both Ford and GM are restructuring North American operations to adjust to a loss of market share in their home markets. GM is attempting to recover from a $10.6 billion loss in 2005.
Lutz said GM remained open to a smaller deal with Renault-Nissan <7201.t> after GM declined to pursue a larger tie-up with the French-Japanese group.
"We would have been in agreement with a smaller deal on engines, and we still are today," he said....read more: here

11/22/2006 09:40:00 AM

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