BMW unaware of Volkswagen buying stake in partner
Volkswagen’s acquisition of an 8.2 % stake in SGL Carbon surprised the latter’s partner, BMW. This incidents signals a potential source of conflict between the two German carmakers. SGL and BMW planned to invest as much as 230 million Euros in a joint venture to produce bodies for lightweight carbon fiber cars.
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Is Egyptian car market corrupt or collapsing?
Is the Egyptian car market collapsing or is it just a corrupt and unprofessional car market? This is surely one of the most asked questions these days. Everybody is asking ...