The complete automotive resource for buyers, sellers, and owners like you.
Car, Truck and SUV Forums at Roadfly
+ Bentley Forums
+ BMW Forums
+ Cadillac Forums
+ Chevrolet Forums
+ Ferrari Forums
+ Jaguar Forums
+ Lamborghini Forums
+ Lotus Forums
+ Mercedes-Benz Forums
+ Maserati Forums
+ MINI Forums
+ Porsche Forums
+ General Discussion
+ Marketplace Forums
Audi's suck, especially TT's, so get the hell (archive)

[ Follow Ups ] [ E46 M3 Message Board ] [ Msg. Board FAQ ]

Posted by out of here!!!!!!!! on April 09, 2000 at 22:05:43:

In Reply to: BMW sold to VW/Audi AG? Say it ain't so!... posted by Brad Willis on April 08, 2000 at 23:12:44:

: LONDON (Reuters) - Germany's Quandt family, the largest shareholder in Munich-based automaker BMW AG, plans to sell its stake in the company, Britain's Sunday Times newspaper said.
: Citing car industry insiders, the newspaper said the Quandts were negotiating with Ford Motor Co and Volkswagen AG to sell their 48 percent stake for ``at least'' 20 billion pounds ($31.59 billion).
: The newspaper also quoted an unnamed BMW executive as saying Ford was in turn negotiating with Volkswagen to divide up the BMW marques between them -- Ford would buy BMW and Volkswagen would snap up luxury carmaker Rolls-Royce.
: Last month, BMW ditched its loss making British-based Rover car company and has since been seen as a possible target for a takeover bid in the consolidating global car industry. Ford bought utility vehicle maker Land Rover from BMW at the same time.
: The Quandt family and BMW officials have said repeatedly in recent weeks that BMW was not for sale.

: Brad Willis
: Founder, SoCal Audi TT Club
: Contributing Editor, Autobahnforums.Org

: P.S. To view my article regarding the very recent delivery of my 2001 225hp quattro TT roadster, follow the link below, then click on the photo the the TT.




Follow Ups:



[ Follow Ups ] [ E46 M3 Message Board ] [ Msg. Board FAQ ]
Questions, comments, or problems, please visit the Roadfly help desk.
Roadfly.com Logo © 1997 - 2009 Jump Internet Inc. All rights reserved.