It's been a year and a half since my last merger article (October,1999) and things seem to have settled down for a bit. Now then is a good time to review the state of play and see where things may go from here.
BMW finally threw up its hands and practically gave away the Rover Group, but first re-organized the more attractive assets into different sections of BMW (UK) Holdings and sold Land Rover to Ford. In addition to the new Mini produced by BMW (UK) Manufacturing, BMW also kept the re-organized Riley and Triumph, British Motor Heritage (producing parts for older English cars) and other businesses such as Midland Powertrain. (more…)