[Author Prev][Author Next][Thread Prev][Thread Next][Author Index][Thread Index]
Rolls Royce off the market
In regard to recent posts about VW possibly acquiring RR. This came from
today's WSJ:
"Vickers agreed to sell its Rolls-Royce Motor Cars unit to BMW for $572
million in cash. The German auto maker outbid Volkswagon and a investment
group comprised of British Rolls-Royce enthusiasts, but the winning price
was lower than analysts' forecasts. "
With any luck BMW will spend so much time on RR and Land Rover, it may
forget its bread and butter performance sedans. Just a hope.
Matt Pfeffer - 89 200TQW - Stage II