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BMW and Mercedes share swap? |
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dteagles
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Joined: 09 May 2007 Location: UK, Bucks Status: Offline Points: 3476 |
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Topic: BMW and Mercedes share swap?Posted: 09 Mar 2009 at 10:26pm |
BMW and Daimler consider swapping shares in cross-ownership planfrom www.autoblog.com![]() Luxury automobile sales have been hit especially hard during the global economic disaster, and Daimler and BMW may become much closer allies as a result. German magazine Der Spiegel published a report stating that the two luxury giants are working to combine their purchasing power to save hundreds of millions of dollars. But the really interesting cooperation will reportedly happen in the form of a stock swap. Under the alleged agreement, each company would give the other a 7% stake in the other. The move would strengthen the German automaker's new bond and perhaps lead to further cash-saving collaboration down the road. The magazine reports that the Quandt family, who own 46% of BMW, isn't keen on the idea due to Daimler's 1998 takeover of Chrysler. But the German government has allegedly been contacted to gauge the possibility of overriding any opposition to the deal. Talk of a BMW/Daimler tie up have been circulating for years, but the rumor tree has yet to bear any fruit. Due to the shabby state of the global automotive market, that could change quickly. |
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dteagles
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Joined: 09 May 2007 Location: UK, Bucks Status: Offline Points: 3476 |
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Posted: 28 Apr 2009 at 8:08pm |
BMW and Mercedes-Benz reportedly considering four-cylinders in US, pending new fuel economy standards![]() With new CAFE regulations looming on the horizon, BMW and Mercedes-Benz are considering bringing four-cylinder models back to the States. BMW's development of new four-pots have been widely reported over the last year, with the automaker confirming work on a direct injected, twin-turbocharged four, likely to be fitted on the next generation 1 and 3 series, due to arrive in 2012. The new mill is also slated to be equipped on the X1 and X3, and according to the automaker, the powerplants will deliver the same output as the current in-line sixes, but with better fuel economy and lower emissions. However, the development of an all-new engine is expensive, and BMW will pass along the cost to consumers, despite BMW's claim that buyers aren't willing to pay for advanced technology. As for Mercedes-Benz, aside from the 2.2-liter four-cylinder turbo-diesel that debuted on the E250 Bluetech concept, little is known about the automaker's plans for four-bangers in the States. Although the concept, unveiled at the New York Auto Show, was equipped to an E-Class, don't expect a gasoline-powered four to be fitted on a future E – the new engine will likely find a home in the C-Class and GLK CUV sometime in the next few years. |
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Cabrio
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E30 Register & Competition Secretary Joined: 24 Aug 2006 Location: United Kingdom Status: Offline Points: 6625 |
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Posted: 28 Apr 2009 at 10:46pm |
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Heard this a while ago regards engines - makes a lot of sense given the number of makes and models in the world....guess Rover were one of the first to try it....but I even remember Peugeot diesels in Ford Granadas and LDV vans
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E30 Register joint coordinator - Competition Secretary - Contact name Neil for PM and Email - cabrio_e30@yahoo.co.uk - be aware addicted to E numbers
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