Advertisement
Canada markets open in 5 hours 10 minutes

  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CAD/USD

    0.7330
    +0.0007 (+0.09%)
     

  • CRUDE OIL

    83.86
    +0.29 (+0.35%)
     

  • Bitcoin CAD

    87,891.83
    +379.46 (+0.43%)
     

  • CMC Crypto 200

    1,387.54
    -8.99 (-0.64%)
     

  • GOLD FUTURES

    2,358.60
    +16.10 (+0.69%)
     

  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • NASDAQ futures

    17,755.25
    +187.75 (+1.07%)
     

  • VOLATILITY

    15.54
    +0.17 (+1.11%)
     

  • FTSE

    8,114.47
    +35.61 (+0.44%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6822
    +0.0001 (+0.01%)
     

BMW says it is not interested in McLaren Automotive, Audi says open to cooperation

Reuters
Updated ·1 min read
FILE PHOTO: A logo of German luxury carmaker BMW is seen in Munich

BERLIN (Reuters) -BMW denied reports by Automobilwoche on Sunday that it was interested in buying McLaren Automotive, while Volkswagen's Audi said it was open to cooperation opportunities, without commenting specifically on the British luxury sportscar maker.

German autos publication Automobilwoche had reported on Sunday that the two carmakers were interested in buying McLaren Automotive, without specifying its sources.

Audi is also interested in the Formula 1 division of the company, Automobilwoche said.

BMW told Reuters by phone that the report was wrong. Audi said in an email that it regularly considers different cooperation opportunities, but it did not comment on the specific case of McLaren.

(Reporting by Victoria Waldersee; Editing by Elaine Hardcastle and Hugh Lawson)