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      02-23-2012, 12:17 PM   #62
E30M3Driver
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Quote:
Originally Posted by tranism View Post
This is completely different from Rover. BMW was looking to expand and thought they could simply restart Rover, throw some money at it and start making some cash. They didn't anticipate how Rover factories and management were in total disarray.
For whatever reasons they "didn't know what they were getting into", they nearly lost their shirt and their independence. They had to sell Land Rover to recoup a fraction of Billions in losses. The success of Mini has hardly made a dent in paying back that money. They made promises they couldn't keep.

Whatever Saab was in history and heritage, it is a shambles of that now, which in and of itself is sad. Nothing short of getting it for nearly free would be a good thing for BMW but I think it would still be a distraction to the great stuff they are doing now.
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