Peter Schoppelry wrote:
>My gut feeling is that this is not a good thing. BMW has the money to >keep
>this operation going. Why are they selling it? Is because it is >not making
>enought money? If so, how can the Legacy Consortium keep it >afloat? I hope
>that I am wrong.
Peter,
That's an excellent point about the Legacy Consortium's finances. Does
anyone know who is financing their purchase?
Having said that, I don't think that this sale is necessarily a bad thing. I
suspect BMW is selling BMH because it is a non-core business. BMW makes cars
and bikes, they probably feel that they have no real reason to be in the
business of classic British parts remanufacturing. I have no idea if BMH is
doing well but do think that whilst BMW's pockets are deep, they probably
would not invest the time, effort and money in BMH that the Legacy
Consortium would (finances allowing) as in the end a (more) profitable BMH
doesn't translate into higher sales of BMW's core products.
Cheers,
Michael
_________________________________________________________________
/// triumphs@autox.team.net mailing list
/// To unsubscribe send a plain text message to majordomo@autox.team.net
/// with nothing in it but
///
/// unsubscribe triumphs
///
/// or try http://www.team.net/cgi-bin/majorcool
|