BMW & Rover - Should BMW Sell? - A Follow-up
The latest view from the EIU on this week’s accelerating restructuring of the global automotive industry The former British Prime Minister Harold Wilson once said that a week was a long time in politics. The phrase resonates strongly at the moment for automotive industry observers feeling somewhat dazed by the accelerating pace of restructuring taking place in the automotive industry. Just as news emerged of advanced discussions on co-operation involving DaimlerChrysler and Mitsubishi, Fiat and General Motors announced a strategic tie-up and cross-shareholding. This week has also seen a rapid unfolding of events at BMW, with the strong possibility that BMW will be selling off a sizeable chunk of its Rover subsidiary. What are the key questions and issues regarding the industrial make-up of the global automotive industry right now?
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