subject: The History of BMW [print this page] Even then, sales of the cars were so dismal that there came a point where the company's board of directors found themselves seriously considering a buyout proposition from Daimler Benz. The deal most likely would have gone through, if a wealthy industrialist by the name of Herbert Quandt had not stepped in to purchase a controlling interest and also offer is business acumen that has guided the company to where it is today.
