Audi's suck, especially TT's, so get the hell (archive)
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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:
(posted from: spider-ta072.proxy.aol.com (152.163.205.77))
: 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.
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