Wild Ass Rumor of the Day: BMW Buying Opel
You gotta love an autoblogger who writes “After all, the recent cancellation of the luxurious 4-seat coupe previewed by the concept CS shows that the current BMW management are acting, how should I say it… like a bunch of pussies.” [I don’t agree but I appreciate the, uh, Ehrbarkeit.] Anyway, our new BFF at auto-future has read the most recent paper version of Autobild (out today). The pub predicts that BMW’s about to go on a buying binge. “The strategy previewed includes BMW forming an holding in order to acquire positions in other companies, including a percentage of Daimler that allows a position in the board, and possible a Opel buy either alone or with Daimler and German government colaboration.” We’ll get ask our man Bertel Schmitt to pick-up a copy at the train station and provide a more complete translation. But given GM’s DC begging bowl debacle (part two today rock the House), it’s increasingly clear that it’s only a matter of time before someone grabs GM’s Euro-brand. Or at least the best bits.
Update: In the meantime, Bertel Schmitt picked up a copy of Auto-BILD at the train station. He called in and said “They are talking menace a trois!” Between BMW, Mercedes and Opel. He said, it’s just a scenario, written up by the magazine. We’ll hear more when he has found an Internet Cafe in Berlin.
Bertel from the Internet café: “Not much to report and translate, boys & girls: Wild assed rumor it is not. It’s pure, unsourced speculation by Auto-BILD (after all, they are the car offshoot of BILD-Zeitung, famous for its “Man Bites Dog” style.) They think, it would be a swell idea if BMW and Daimler would join forces (if someone finds a way to sedate their engineers, they will.) Then, with some government money, they could take Opel off the hands of GM. And ACHTUNG: A pure, true and true Germanic car company. Nice idea. Next idea, please! However, the “report” reflects what we’ve said for a while: Nobody in Germany doubts that Opel will leave GM. Everybody just speculates about the how and when.”
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