5. There was time when BMW almost became Mercedes in the late fifties.
In 1959 BMW was near bankruptcy due to factors of Cold War. Mercedes’ parent company Daimler-Benz mounted a hostile takeover attempt. Collectively, BMW mounted a counter attack, enlisting even the lowest mechanics in the organization’s help in buying back shares. They eventually found the help of a major private investor, whose family still owns a chunk of the company today. This battle, of course, caused a major rivalry between the two brands that lasts to this day.
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