GM should spin off Cadillac because it has the chance to perform like Maserati and Ferrari, analyst says (GM)
|04/24/2018||Posted by BusinessMediaguide.Com under General World News||
- General Motors should spin off Cadillac much like Fiat Chrysler did with Ferrari, Morgan Stanley says.
- The bank estimates Cadillac could be worth $15 billion as an independent business.
- Follow GM’s stock price in real-time here.
General Motors‘ wildly successful Cadillac brand could be worth $15 billion, Morgan Stanley estimates, and deserves an existence outside of GM’s usual structure in order to flourish.
“We continue to see Cadillac as a distinct and highly valuable business that can increasingly justify and independent existence potentially outside of the GM parent/group structure,” analyst Adam Jonas told clients Tuesday. “We believe that Cadillac read more >>>