Specialized Sold to GM

[SadieKate]

I'm sorta speechless. Does a bike company now have a better profit margin than a car manufacturer? I don't see good things to come for Specialized.

http://www.bikebiz.com/news/29459/GM-takes-Specialized-back-into-all-American-ownership

[melissam]

April Fool's? :eek:

Looks like Bike Biz is in the UK, so maybe this was posted @ 12:01 am on April 1? I'm keeping my fingers crossed -- I have owned a couple of GM vehicles, and ... well, let's just say that I don't currently own a GM vehicle.

[SadieKate]

Hmmmmmm . . . ..

[melissam]

OTOH, it might not be all bad if GM buys Specialized.

Think about it: the $$ you accumulate on your GM card could now help you buy Specialized bikes and other products.

You might be able to shop for Specialized products at your local Chevy, Cadillac, Pontiac, Buick, or Oldsmobile dealership.

GMAC may offer 2.9% financing* on that new S-Works bike you've had your eye on. (* 2.9% financing only available to qualified buyers.)

I still would have reservations about taking a Specialized bike in for service at the GM dealer, though.

[KnottedYet]

http://www.interbiketimes.com/2008/03/31/gm-buys-specialized/

[maillotpois]

Speaking of April Fools:

http://www.cyclingnews.com/news.php?id=news/2008/apr08/apr01newsspecial

[SadieKate]

"Edited by the CN équipe Avril Imbécile"

[spazzdog]

Does this mean I have to go to a GM dealership to get my tires rotated and my chain lubed?

eek!

spazz

[Andrea]

Does that mean that they'll add a "carbon emissions" feature and start charging $3.50 a shot for gel packs?

[crazycanuck]

http://news.bbc.co.uk/2/hi/uk_news/magazine/7324127.stm