- Jan 26, 2009
Ford to seek Volvo buyer next month
As was previously suggested, Chinese automakers – including Shanghai (SAIC), Chery and Guangzhou – are looking like the most likely buyers for the Swedish automaker. Although details have not been made public over which prospective buyers Ford is approaching, industry analysts note that most European automakers would have an issue with overlap, while Indian auto giant Tata has enough on its plate with Jaguar and Land Rover.
[Source: Detroit News]