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Banned
Join Date: Mar 2004
Location: Michigan
Posts: 54,053
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BMW is selling its stake in SGL carbon fiber joint venture
November 24, 2017
http://www.autonews.com/article/20171124/COPY01/311249953/bmw-selling-carbonfiber-stake
Quote:
FRANKFURT -- SGL Group said it would gradually buy BMW's stake in their joint venture that produces carbon fiber.
BMW said last year it was limiting its use of carbon fiber and turning to cheaper lightweight materials such as aluminum and steel for its biggest selling cars to keep profit margins high.
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02-19-2018, 07:58 AM
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