Posts Tagged ‘bmw’

ARTICLE BY GAIL EDMONDSON PUBLISHED ON A-FC

Automaker BMW is Germany’s most admired employer & a pioneer in profit sharing. So it came as a shock when an investigative television documentary exposed the Nazi-era misdeeds of BMW’s controlling shareholder family, the Quandts. The Silence of the Quandt Family highlighted how patriarch Günther Quandt, grandfather to the generation now controlling BMW (BMWG.DE), built a blood-stained wartime fortune on the back of slave labor & how he sidestepped postwar recrimination.

The reclusive Quandt family responded to the document, pledging to back a research project into the family’s Nazi past & its role under the Third Reich, opening family archives & documents to an independent historian. [Read More]