Add your comments
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br> tags.
Please note that gratuitous links to your site are viewed as spam and may result in removed comments.
Follow the Audi Mileage Marathon starting Monday morning
Paris 2008: MINI Crossover Concept
Paris 2008: Aston Martin One-77 (partially) revealed
Paris 2008: The GT by Citroen. No, the whole thing this time
Paris 2008: Lamborghini Estoque LIVE
In the Autoblog Garage: 2008 Chevy Corvette Z06
Autoline on Autoblog with John McElroy
Paris 2008: Le Day 1 Wrapup
Knight Rider: The Liveblog -- Season 1, Episode 2
By the Numbers - September 2008: Nobody Wins Edition
Reader Comments for
Subscribe to this threadFord wants Jag/Land Rover sold by October, Volvo by 2008
(Page 1 of 1)
Castle @ Aug 3rd 2007 6:08PM
Unfortunately, Ford needs the money for reconstruction immediately. Recently they borrowed $18 Billion in financing. They need the money.
http://www.newsmax.com/money/archives/articles/2006/11/27/090627.cfm
Also, publicly the profitability is unknown. Ford only releases the financial data of the entire PAG(Premiere Auto Group) and not separately by brand. Analyst consensus has been that Volvo is profitable but exactly how much is a question.
I'm sure whatever it sells it for won't be cheap.