E90Post
 


ECS BMW
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion > BMW's Quandt family renews pledge



Reply
 
Thread Tools Search this Thread
      12-02-2010, 10:04 AM   #1
Mark
Administrator
 
Mark's Avatar
 
Drives: 1M
Join Date: Mar 2005
Location: USA

Posts: 3,933
iTrader: (1)

Garage List
BMW's Quandt family renews pledge

Name:  P90069641.jpg
Views: 2124
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
__________________
The new beast. BMW M5.
Mark is offline   United_States
0
Reply With Quote
      12-02-2010, 11:36 AM   #2
mcacciola
Second Lieutenant
 
mcacciola's Avatar
 
Drives: 09 335i, Silver - M Sport
Join Date: Jan 2006
Location: miami, fl usa

Posts: 224
iTrader: (0)

Quandts rule !!!
mcacciola is offline   United_States
0
Reply With Quote
      12-02-2010, 01:34 PM   #3
cycler
Major General
 
cycler's Avatar
 
Drives: 2011 Streetglide and 2011 Dyna
Join Date: Nov 2007
Location: Long Island NY

Posts: 8,067
iTrader: (0)

Let them rule but make sure they stop nickle and diming on the parts so the cars can stop their rattling
cycler is offline  
0
Reply With Quote
      12-02-2010, 03:24 PM   #4
positiveions
Lieutenant General
 
positiveions's Avatar
 
Drives: 09 MKV JETTA 2.5 & E90 M3 :)
Join Date: Sep 2007
Location: La Verne, CA

Posts: 10,501
iTrader: (1)

Send a message via MSN to positiveions Send a message via Yahoo to positiveions
BMW's future is looking brighter
positiveions is offline   Lebanon
0
Reply With Quote
      12-03-2010, 01:55 AM   #5
BMWinNorthdakota
Banned
 
Drives: 2007 bmw 335i e90
Join Date: Jun 2009
Location: Fargo ND

Posts: 1,109
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
BMWinNorthdakota is offline  
0
Reply With Quote
      12-03-2010, 02:28 AM   #6
Marcumac
Lieutenant Colonel
 
Marcumac's Avatar
 
Drives: M Roadster
Join Date: May 2009
Location: Cincinnati

Posts: 1,526
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
Marcumac is offline   United_States
0
Reply With Quote
      12-03-2010, 08:44 AM   #7
cipher5
 
cipher5's Avatar
 
Drives: 2011 535xi Sedan
Join Date: Jul 2007
Location: Chicago, IL

Posts: 2,796
iTrader: (10)

News to me too! Good to know!
cipher5 is offline   United_States
0
Reply With Quote
      12-03-2010, 10:41 AM   #8
m603
Second Lieutenant
 
m603's Avatar
 
Drives: avoiding pot holes
Join Date: Mar 2008
Location: NYC

Posts: 275
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
m603 is offline  
0
Reply With Quote
      12-03-2010, 11:17 AM   #9
BMWinNorthdakota
Banned
 
Drives: 2007 bmw 335i e90
Join Date: Jun 2009
Location: Fargo ND

Posts: 1,109
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.
BMWinNorthdakota is offline  
0
Reply With Quote
      12-03-2010, 04:46 PM   #10
uhn2000
Big K...
 
uhn2000's Avatar
 
Drives: FerrariFF
Join Date: Jan 2008
Location: Toronto, Ontario

Posts: 1,630
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..
uhn2000 is offline   Canada
0
Reply With Quote
      12-06-2010, 07:26 AM   #11
auggiem3
Captain
 
auggiem3's Avatar
 
Drives: e92 M3 / former e46 M3 owner
Join Date: Jan 2009
Location: Washington, DC

Posts: 635
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.
auggiem3 is offline   United_States
0
Reply With Quote
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 09:29 AM.




e90post
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