The company we’re most interested in could be readying a surprise by expressing a desire to buy a company that’s also very interesting.

Sounds like something complicated beyond reason. It isn’t really. As the grapevine tells us, the Bavarians are interested in purchasing De Tomaso.

De Tomaso is one of those Italian sportscar brands that could never really manage their finances. Since its founding in the late 50s and up to a few months ago, nobody managed to keep it afloat.

We’d feel ashamed if we didn’t say BMW could, even before they tried. Currently, the company is under the Italian Government’s management until a new owner is found.

The Italians want to sell De Tomaso’s structural assets no later then the middle of October. Currently the talks feature BMW as well as some other Italian partners.

We’re not sure if these would be new or former partners of the brand and nor do we have any idea on the sot of effect this could have on the deal with BMW.

The history of De Tomaso is littered with shady management but the cherry on top is actually the latest of the re-inventors of the company; Gian Mario Rossignolo.

He used to work for Fiat, turned his attention to De Tomaso and is currently in Police custody. There’s quite the file on him.

What is the most unpleasant part however is the alleged “misuse of public fund” accusation. As for BMW they are currently not commenting on the situation.

Not that long ago, the Bavarians say they had no interest in De Tomaso.

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Marcus M.

http://www.bmwcoop.com

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Given the company’s ever constant presence at the top of the luxury car market pile you’d have to admit that BMW knows a little bit about finances.

So what do they have to tell us right about now on the sales and profits fronts? Well, something rather unexpected.

The Bavarian company’s economic leaders have come forward to Reuters about the ongoing competition in their segment and the way incentives play through.

At the moment the world’s markets are steadying out and going for the rise. Well at least most of them are and in the meantime Europe is still a cause for concern.

Friedrich Eichiner, BMW’s finance chief says that due to the pressures Europe, particularly the countries where the economy is at risk, the incentive wars will rage on.

There’s not only the guarantee of incentive battle to keep on going, there’s also the matter of not having a predictable end.

Despite this, Eichiner claims BMW is more than prepared to go to war. After having registered an amazing year in 2011, the company’s financial service has rounded up some interesting numbers as well.

Last year they reserved a risk provision of around 100 million euros in preparation. Most of the funds are likely to go to the eastern part of Europe if economies don’t keep on growing path over there.

In conclusion, there was a little bit of bragging. As proof of how well BMW understands the changing luxury car market they’ve announced a trivia figure for 2011.

Last year BMW registered $4.12 billion earnings before interest and tax. Even for a big car maker, that’s quite a lot of money.

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Marcus M.

http://www.bmwcoop.com

The post BMW speaks of incentives, profits and future appeared first on BMWCoop | BMW Blog, BMW News, BMW Reviews.