Who are these Quandts?
Article Abstract:
The Quandt business dynasty has been the main BMW stockholder for 40 years, though the size of their holding was not revealed until 1995 when insider dealing laws were implemented. The family tends to retain holdings for a long time and is committed to keeping BMW independent. The family has tended not to become involved in the day-to-day operations of the company, but this could change. There is a risk of family opposition to a deal at any price, and this could create problems given the trend of consolidation in the car industry.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Renissant?
Article Abstract:
Renault is negotiating the acquisition of a stake of 35% in Nissan Motor, which would allow Renault to become less dependent on the European market. Nissan aims to reduce its debt levels and boost operating margins. Nissan suffers from overcapacity in terms of planst, and has too many suppliers, chassis and models. The company has sought to boost sales rather than profits, and there is a need for cost reductions, with mergers of product ranges if the two companies are to ally.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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General Motors finds its best salesman yet
Article Abstract:
Wall Street analysts have applauded GM's plans to close 23 manufacturing plants and cut 24,000 salaried workers. The largest industrial contraction in history encourages investors that GM management has the fortitude to save the firm, which has lost nearly $5.5 billion since 1991.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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