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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote ()8/27/1999 5:36:00 AM
From: porcupine --''''>   of 1722
 
GM to Offer OnStar to Competitors

GENERAL MOTORS said it is in active discussions with other
automakers to offer its OnStar communications service on
competitors cars and trucks. At an announcement of its new
Internet business unit e-GM, GM officials said they expect
OnStar's subscriber base to expand from about 75,000 currently to
one million by the end of 2001 and then 2 million more every year
after that. "We're in discussions," said Mark Hogan, named head of
the new e-GM unit on Tuesday. "It's going on as we speak. So you
could possibly see it in other manufacturers' vehicles in the not
too distant future. (Reuters
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