Overhaul At Bmw

BMW's new CEO must revamp Rover and avoid takeover, too

Billionaire Johanna Quandt, 72, abhors publicity. The matriarch of the German family that owns 46% of luxury auto maker BMW rarely ventures from her fortified villa near Frankfurt and socializes only in exclusive circles. Her two children, Susanne, 36, and Stefan, 32, are equally keen to stay out of the public eye. Fear of kidnapping and blackmail is a key reason.

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