if TOyota was smart they would buy 51% of GM stock
and 35% of the existing convertible debt, then
sell all the plants, and IP to themselves, then
file Chapter 7.
It would cost Toyota almost nothing and
they would become the world’s largest car maker.
If Toyota owned Vauzhall and Austin they would have
huge footholds in europe and australia, and
if they owned the GM Plants, they could
retool and acquir the transmission, drivetrain
and engine manufacturing cheap.
