More like Fiat than GM (GM partners with companies, Fiat actually buys the companies), but the concept is correct. They are buying up overstretched firearm companies and righting the ship financially (Remington likely would no longer be a functional company if not for Freedom Group).Nothing new. Nothing secret. Freedom group has a bigazz Booth at shot show and NRA convention. WWW.freedom-group.com
considered them the GM of guns. Many brands one parent company.
Some consumers bemoan the purchase of their favorite company by a conglomerate but that is just business.
There is a book, "The Peter Principle" written by a Dr. Peters. His primary premis in the book is, "Every one raises to their own level of incompentence."Nardelli is a clueless CEO. He almost ruined Home Depot. Amazing how incompetence rises to the top.
Customer service went down due to hiring PT employees that didn't know much about the industry, stock prices didn't go up, and sales (and profits) doubled. Unfortunately, since the customers and shareholders didn't get any love, he ruined the company in their eyes.He was in the running for GE CEO but Jeff Immelt was chosen, so he went to HD. What happened at Home Depot, how did he almost ruin the company?