Not that we thought they might be, but it’s crisis-worthy news to report that BMW aren’t interested in picking up Saab should they become available. There’s a possible outcome you can cross off your list.
BMW’s head honcho, Norbert Reithofer, was speaking in LA about teutonic profitability and was asked about his thoughts on the current crisis at GM. He commented that the potential for GM to go under should be giving every executive pause for thought due to the market uncertainty it would create.
“If such a large company would declare bankruptcy, it would also have tremendous effects on the supply sector,” Reithofer said. “I wouldn’t like it at all.”
When pressed further about any BMW interest in GM’s European assets, should they become available, Reithofer stated that BMW “definitely” would not be interesting in acquiring Hummer, Saab or Opel.
I guess that means it’s safe to go on calling BMW drivers wankers and posers as we won’t be breaking the company bread with them any time soon.
Richo – you’re a pose!!!
Pete, you get a pass seeing you’ve just bought a Combi.