"We give them a huge market here, and on top of that if cars can be exported, there are great economies of scale, achieved in Thailand for example something that could not be where the domestic market is really small."
VOA: standard.2009.09.25
Part of the challenge is helping GM see that synergies canbeachievednot just by combining purchasing efforts or sharing vehicle platforms or power trains.
Incentive compatibility canbeachieved mainly not by stock options but by outright grants of equity to managers as part of their compensation, with the restriction that such positions be held for periods that at least exceed the existing holding horizons of controlling shareholders.