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Ford officially confirms China's Geely as preferred bidder for Volvo
It's been rumored for months Chinese automaker Geely had the best shot at picking up the Volvo brand from Ford, and today, Dearborn has finally confirmed it. Geely was named as the preferred bidder this morning and the Blue Oval is proceeding with negotiations. However, this is not going to be an easy deal to close. Ford doesn't want to keep any stake in the Swedish company, although it does hope to continue some product cooperation. In spite of the lack of shareholding, Ford doesn't want Volvo to wither on the vine and wants whoever buys ... Read more →
REPORT: Geely's plans to buy Volvo from Ford unravelling over intellectual property concerns? Chris Shunk
Ford has been trying to offload the Volvo brand since December of 2008, but after years of rumors and speculation those 10 months feel more like a decade. China's Geely has been speculated as the ...
Safety First: Daimler reportedly passes on buying Volvo Noah Joseph
Volvo and Mercedes-Benz have been known for decades as automotive safety pioneers, sharing between them the bulk of new innovations in the field. These days, however, automakers are as as concerned ...
Ford in further talks with Shanghai Auto to sell Volvo Frank Filipponio
The UK's Sunday Mail is reporting that Ford has returned to Shanghai Automotive Industry Corp. (SAIC) to make another pitch to sell Volvo. As we told you back in June, SAIC is one of the leading ...
Swedish Sell-A-Thon! Ford reconsiders selling Volvo John Neff
Ford announced today that it's "re-evaluating strategic options for Volvo Car Corporation", which in plain English means that it may sell the Swedish brand that it's owned since 1998. The ...
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Breaking news:
Ford discusses selling Volvo with Renault, again 1 year ago on Autoblog
As Ford reportedly prepares to offload Volvo and dismantle the last remaining vestiges of its once proud Premier Automotive Group, reports indicate that discussions were, once again, held with Renault. The French automaker was tipped as a potential buyer when Jaguar was on the table, expressing ...
Chinese automaker denies rumor about interest in Volvo 1 year ago on Autoblog
An eternally unanswerable question seems to be whether or not Ford is actively shopping around Volvo for a buyer. Just this week we reported that Chinese automaker SAIC and some Russian investors had expressed interest in purchasing the Swedish carmaker from Ford, but today we learn from a source ...
REPORT: Ford secretly planning summer sale of Volvo 1 year ago on Autoblog
The Business in the UK is speculating that, despite comments to the contrary, Ford is planning to auction off Volvo as soon as its deal to unload Jaguar and Land Rover to Indian automaker Tata is done. The summer sales event that would see the last of Ford's Premiere Auto Group sold off is expected ...
Ford denies discussing sale of Volvo 2 years ago on Autoblog
Earlier this month we brought you a rumor that BMW was in talks with Ford to buy Volvo. Then just this week the rumor popped up again, in a Swedish newspaper. Now Ford comes out to officially quash the story, saying, "Ford Motor Company is not in discussions with BMW or any other company regarding ...
Autoblog Podcast #152: Paukert Enhanced!
Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.
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| # | Blogger | Posts | Cmts |
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