“They need to compete against their competitors, not themselves, but this will inevitably happen if GM keeps a third brand.”
I disagree, but either 2 or 3 brands would be better than what they’re doing now. GM’s vision is non-existant.
In the 3 brand scenario, a buyer might buy a Satun X versus a Chevy Y because they want the “better car”. Consumers can be pretty uneducated, not all of them understand that a Chevy Y = Saturn X with different labels. In years past, people would buy a Buick over a Chevy corporate twin and pay more for the better car. At the other end, a buyer with no concern for status symbols my buy a Saturn A vs. a Cadillac B because they are the same car, and the Saturn is cheaper.
Giving customers options, within limits, is a good thing.
This discussion is moot, anyway. Given the nature of state franchise laws GM can only reorganize like we're discussing after filing for Chapter 11.