Ford originally purchased Volvo in 1999 for $6.45 billion, but many industry analysts are predicting the Blue Oval won't get that much money in a sale during a global recession. The move would still bring Ford some desperately needed financial relief to help the 105-year-old automaker weather the recession. For the near term, Volvo is still losing money by the bucket, and it's working with the European Investment Bank to obtain a $568 million loan that would be backed by the Swedish government.
[Source: Automotive News - Sub. Req.]