BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion
 
GTB Performance
Post Reply
 
Thread Tools Search this Thread
      12-02-2010, 10:04 AM   #1
Mark
Administrator
Mark's Avatar
United_States
1889
Rep
4,011
Posts

 
Drives: 1M
Join Date: Mar 2005
Location: USA

iTrader: (1)

Garage List
BMW's Quandt family renews pledge

Name:  P90069641.jpg
Views: 2142
Size:  170.8 KB

During the recent event in Munich to mark the 50th year anniversary of the Quandt family rescue of BMW, their ascent to becoming the dominant shareholder of BMW, Stefan Quandt renewed a pledge to stay with BMW.

"Lead, don't follow - that's the entrepreneurial calling of BMW." and harks back to the actions of Herbert Quandt, the man who took action to fend off a takeover attempt by Daimler AG. Now his family owns 46 percent of BMW with his children Stefan Quandt and Susanne Klatten are on the supervisory board.

The Quandts role with BMW is considered central to the stability and independance of the company. From time to time, rumors amass that the Quandts would sell their share in the company, which would certainly herald a takeover by larger rivals, but the Quandts have been quick to dispell these rumors each time.


Source: Autonews Europe
__________________
I'll take one please. BMW M3.
Appreciate 0
      12-02-2010, 11:36 AM   #2
mcacciola
Second Lieutenant
mcacciola's Avatar
United_States
9
Rep
224
Posts

 
Drives: 09 335i, Silver - M Sport
Join Date: Jan 2006
Location: miami, fl usa

iTrader: (0)

Quandts rule !!!
Appreciate 0
      12-02-2010, 01:34 PM   #3
cycler
Major General
cycler's Avatar
88
Rep
8,067
Posts

 
Drives: 2011 Streetglide and 2011 Dyna
Join Date: Nov 2007
Location: Long Island NY

iTrader: (0)

Let them rule but make sure they stop nickle and diming on the parts so the cars can stop their rattling
Appreciate 0
      12-02-2010, 03:24 PM   #4
positiveions
Lieutenant General
positiveions's Avatar
Lebanon
114
Rep
10,529
Posts

 
Drives: 09 MKV JETTA 2.5 & E90 M3 :)
Join Date: Sep 2007
Location: La Verne, CA

iTrader: (1)

Send a message via MSN to positiveions Send a message via Yahoo to positiveions
BMW's future is looking brighter
Appreciate 0
      12-03-2010, 01:55 AM   #5
BMWinNorthdakota
Banned
60
Rep
1,109
Posts

 
Drives: 2007 bmw 335i e90
Join Date: Jun 2009
Location: Fargo ND

iTrader: (0)

Interesting. This is news to me. I had no knowledge of a share holder of this caliber.

Heres and interesting read.

Seem like good people.

http://www.dw-world.de/dw/article/0,,1799630,00.html
Appreciate 0
      12-03-2010, 02:28 AM   #6
Marcumac
Lieutenant Colonel
Marcumac's Avatar
United_States
19
Rep
1,526
Posts

 
Drives: M Roadster
Join Date: May 2009
Location: Cincinnati

iTrader: (6)

Garage List
Send a message via Skype™ to Marcumac
That's wild. The whole Quandt family situation is news to me.
__________________

ZSP|ZPP|ZCW|PDC|19x9.5/10.5 Varrstoen ES 1.1.2|OEM Blacklines|LUX 5.1|Rear Euro fogs|Muffler delete|ECS kidneys|Gunsmoke Ambergones|Tinted JLevi sidemarkers|30% Llumar ATX|Corner Delete
Appreciate 0
      12-03-2010, 08:44 AM   #7
cipher5
cipher5's Avatar
United_States
53
Rep
2,801
Posts

 
Drives: 2011 535xi Sedan
Join Date: Jul 2007
Location: Chicago, IL

iTrader: (10)

News to me too! Good to know!
Appreciate 0
      12-03-2010, 10:41 AM   #8
m603
Second Lieutenant
m603's Avatar
5
Rep
295
Posts

 
Drives: avoiding pot holes
Join Date: Mar 2008
Location: NYC

iTrader: (1)

Quote:
Originally Posted by cycler View Post
Let them rule but make sure they stop nickle and diming on the parts so the cars can stop their rattling
+1000000
Appreciate 0
      12-03-2010, 11:17 AM   #9
BMWinNorthdakota
Banned
60
Rep
1,109
Posts

 
Drives: 2007 bmw 335i e90
Join Date: Jun 2009
Location: Fargo ND

iTrader: (0)

So, think hes rollin in the Rolls or Bimmer?

On a more relevant note... Why do they care so much about production numbers?!? It makes me upset that the media focuses on it so much (in the article). Its meant to be a premium auto, not a rental car. Quality over quantity people.
Appreciate 0
      12-03-2010, 04:46 PM   #10
uhn2000
Big K...
uhn2000's Avatar
Canada
23
Rep
1,633
Posts

 
Drives: FerrariFF
Join Date: Jan 2008
Location: Toronto, Ontario

iTrader: (0)

Read the Book "Driven, Inside the Most Admired Car Company - BMW" will give you all the history and it is quite a story from humble beginnings.

http://www.amazon.com/Driven-Inside-...1412746&sr=8-1
__________________
Prancing horse..
Appreciate 0
      12-06-2010, 07:26 AM   #11
auggiem3
Captain
auggiem3's Avatar
United_States
12
Rep
647
Posts

 
Drives: e92 M3 / former e46 M3 owner
Join Date: Jan 2009
Location: Washington, DC

iTrader: (1)

Very cool read. Excellent additional materials too.

My only comment would be, currently, the family seems to maintain interest in the longevity of BMW as an independent manufacturer. As a banker, I've seen these honorable intentions change due to individual motives or broader market circumstances.

Let's hope the sense of obligation runs deep enough to overcome any personal considerations or macro influencers that may arise.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 01:04 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST