By on November 23, 2009

Game on! (courtesy:golfinspain.com)

For weeks now, the only realistic bid for Volvo has has come from the Chinese automaker Geely. They’ve been Fords’ “preferred bidder” for about a month ago, and last week, Geely’s management were in meetings with Volvo’s unions, and with Volvo AB (commercial vehicle company) about the Volvo trademarks – which are owned 50/50 between Ford and Volvo AB. At the same time time, Ford seemes to be in no hurry to sell Volvo,  leading many to speculate that Ford was dragging their feet waiting for new and improved offers. We’ve been posting about the two other possible bidders, Consortiums Jakob and Crown earlier, and reports in Swedish media today say that Crown are now ready to make an offer, to be presented this week.

(Read More…)

Recent Comments

  • b534202: Seems like this is one vehicle where you can put a big piece of solar panel on the roof. Maybe even can have...
  • bd2: The MDX doesn’t outsell the X5 by much – YTD, 28,282 vs. 27,145. Greater incentives or not, the X5...
  • bd2: My puzzlement wasn’t so much over battery-tech improving, but getting that kind of range so soon out of a...
  • Lorenzo: If Sergio can’t sell the whole pie, he’ll sell it by the slice, that’s his worst case...
  • bd2: Buyers DO care about which wheels drive the vehicle. Hence, the FWD-drive sedans being priced ONE (RLX, XTS,...

New Car Research

Get a Free Dealer Quote

Staff