Loan for BMW?

According to "Spiegel Online Wirtschaft", a German magazine, Porsche and BMW asked for a loan from the KfW-Bank.
KfW website describles the bank's actions as giving impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions.

Prorsche requested a loan for 1 billion Euro. BMW just asked for an offer but there is no official request so far.

However, both companies don't want to take out any money from the economic stimulus package which consists of 115 billion Euro. They aim to survive this crisis without any governmental support.

I am very interested how long the German automobile manufactrer are able to do it on their own without asking the government.

I will keep you updated on BMW's request for an offer!