• Smuuthbrane@sh.itjust.works
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    5 months ago

    I can see this going a couple of ways.

    1. Geely swoops in, buys everything, keeps Ocean production going, and folds it in with all the other names it has.

    2. It gets sold off and disappears forever.

    • Num10ck@lemmy.world
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      5 months ago

      they tried to sell to another car mfg but negotiations broke down.

      they were early to market but way too slow to grow/work out issues.

    • variaatio@sopuli.xyz
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      4 months ago

      There isn’t much to sell, only the car design. All the manufacturing and major components are Magna International. Magna Steyr handled the manufacturing and the parts that went in were apparently a Magna International companies parts catalog special.