12-22-2014, 07:11 PM | #89 | |
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12-22-2014, 07:28 PM | #90 |
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Exactly.
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12-22-2014, 07:34 PM | #91 |
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Agree, and it's overdue. BMW made such a big deal about the E60 M5 being 'inspired by F1' with its V10. The F10 should have had KERS boosted naturally-aspirated V8, 'inspired by our F1 car'.
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12-22-2014, 07:47 PM | #92 | |
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Unless BMW is different from nearly every corporation in the world, mandatory retirement ages are only for executive officers and/or board/managing members of the public holding company (in this case at BMW AG). Unless Biermann had aspirations to become an executive officer, I don't think he would be precluded from working past 60 as a VP/head of an operational division (as opposed to a corporate executive officer), unless BMW has very different bylaws from in place from nearly every other public corporation. In the US many companies have mandatory retirement ages (usually 65), but only involve the executive leadership and/or board members (usually include only the former in the US).
Edit: I may be mistaken. Several articles mention that "senior managers" are required to retire at 60…so this could have been the case with Biermann, but such a rule at the non-corporate officer level is pretty much unheard of in the US. Can anyone confirm this? If so, this could be a really sore spot for a company. Not only is 60 far too young (most in the US are at 65), but you may be excluding some really talented people in the middle-to-upper rungs, who realistically are doing all the work below the corporate officers. Quote:
Last edited by FogCityM3; 12-22-2014 at 10:52 PM.. |
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12-22-2014, 08:24 PM | #93 |
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Hyundai has been quite aggressive in hiring top talent. Look at their designs - they have some nice looking cars. Hyundai has made no secret that they intend to go after the BMW/Audi/MB market so it only makes sense that they would aggressively hire such talent. Looking forward to see what comes out of Hyundai. I don't think it will take a few years either - the Genesis coupe and Sonata are good platforms on which to build.
In regard to those commenting that BMW let him go because the M3/M4 are turbo rather than NA, the new M3/M4 make more torque and have been very well received. Plus, BMW is looking to go more hybrid, based on their hires, so shouldn't be too long before M3/M4 are hybrids. |
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12-22-2014, 08:52 PM | #94 |
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If i were to guess i would say bmw management and marketing are taking over the freedom and flexibility that bmw engineers once had. And greener pastures are at hyundai which is less developed with less beaurocracy and has more growth potential. The BMW glory days might be ending
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12-22-2014, 09:40 PM | #95 |
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12-22-2014, 09:44 PM | #96 |
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12-22-2014, 10:15 PM | #97 | |
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12-22-2014, 10:15 PM | #98 | |
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12-22-2014, 11:39 PM | #102 |
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Didn't the head of Audi styling defect to Kia a few years back?
http://www.kia.com/worldwide/about-k...w.aspx?idx=304
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12-22-2014, 11:44 PM | #103 | ||
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If you can't look at the line-ups at each of these manufacturers and spot the difference between what they're offering and what BMW is offering, then maybe you should make one of them your next car choice. BMW offers a RWD car in every single segment of their line-up, yet even that is changing. BMW has to do something or they won't be able to remain independent.
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12-23-2014, 12:47 AM | #105 | |
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Last edited by DCG; 12-24-2014 at 07:54 PM.. |
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12-23-2014, 12:51 AM | #106 |
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Expected the move, did not see it going to HMC.
With all the musical chairs in the industry and BMW's own internal reorganisation, this one was bound to happen, but to a Korean car company was a surprise.
I am sure the guy was not staying long after seeing the top jobs at BMW be snatched up by an Audi guy in his division, a Ferrari guy for i and a younger engineer for CEO. His move was part frustration and part tactical in my opinion. |
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12-23-2014, 03:03 AM | #108 | |
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12-23-2014, 12:02 PM | #109 |
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good read
http://blog.caranddriver.com/hyundai...hief-engineer/ Biermann knows the soul of BMW. The "rule 60" does not apply in this case. Every company has bylaws that can grant exceptions if critical talent and skill must be preserved. This applies to CEOs as well. Clearly he did not see the top exec shuffle as a positive sign based on this article. Sad news for BMW. Hyundai has no idea what they just got. |
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12-23-2014, 03:24 PM | #110 | |
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Of course the Gen 5.0 will be cheaper, as the BMW holds a premium over Hyundai's Gen line of cars---of which they seriously need to sub brand it and have dealerships for. |
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