Three manufacturers are said to be in the frame as potential buyers of BMW - General Motors, Ford and Volkswagen with Rhys speculating that General Motors - is the most likely buyer as the company has no major luxury car brand.
'BMW could stay independent for five years but I don't think it will be longer than that and it could be a lot shorter,' said Rhys. 'BMW is a rudderless company whose position in the market is untenable. The company decided to get bigger and now the board has gone back to its pre-Rover days. You cannot do that because size is required now more than it was in 1994.'