The top stories from Automotive News Europe's November 25, 1996 edition - and how they developed.
Bernd's bold statement
'There's no conflict between BMW and Rover,' said BMW CEO Bernd Pischetsrieder. 'And there's no truth the Mini will be taken away from Rover.'
* BMW dumped Rover in March 2000, a year after Pischetsrieder was fired. But it kept the new Mini. Pischetsrieder became head of Seat in 2000. Last month it was confirmed that he would replace VW Chairman Ferdinand Piech in April 2002.
Daewoo changes tactics
Daewoo's experiment with direct sales in the UK has been a big success. From a standing start in April 1995, Daewoo has now sold more than 33,000 cars in the UK, and is on course to capture 1 percent of the UK market this year. Daewoo expects a share of more than 2 percent by 2001, between 40,000 and 50,000 units.
* In the first nine months of 2001, Daewoo sold just over 18,000 cars in the UK, down 44 percent from last year. In March, with sales plunging and its Korean parent in bankruptcy, Daewoo decided to convert to a conventional UK dealer network.
Volkswagen aiming high
Volkswagen has stepped up its plans to produce a new, price-competitive oberklasse model positioned above the Passat for sale in key world markets, including the USA, by late 1999.
* VW's upper-range plans grew steadily more ambitious. The German carmaker launched the Passat W12 this year, followed by the super-luxury D1 next spring.