From everything we were hearing I thought Morgan was more profitable than ever, so I am not sure why this was the time to stop being a family owned business.
Thats just the time to sell off your shares in a business - bit more difficult to sell when making losses
. I feel this is a significant moment - not necessarily a sad one. Morgan would probably not survive long term without it. Hm.
BMW are still family owned and controlled I believe. There are still Piesches in Porsche.
The best way to survive long term is with stable family ownership that arent cutting costs and driving margins to make the best short term return
