Quote:
Originally Posted by rmay635703
BMW and other 3rd parties have been stating for 10 years that fiber can be produced at the same cost as steel.
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I could of sworn BMW said all their cars would be CF in the near future.
Looking that up I found this article instead.
BMW is selling its stake in SGL carbon fiber joint venture
November 24, 2017
http://www.autonews.com/article/2017...bonfiber-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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Steel is not going away without a good fight, and aluminum is here to stay.
There is a future for CF, just not going to be a slam dunk we once thought it was going to be.