Wallenbergs May Buy Volvo
The Motor Authority says the the flying Wallenbergs have joined a consortium in the hunt for ownership of Volvo. The Swedish family already control an investment group that owns an 11 percent stake of Scania, the truck-maker. In his book "The Rise of the Wallenbergs," author David Bartol claims the W's are serious players, controlling most of Sweden’s top companies. “In no other Western country, does a single family enjoy the same degree of influence or authority." There is some irony here. Henry Ford was one of the world's most notorious anti-Semites. Raoul Wallenberg was famous for saving tens of thousands of Hungarian Jews from the Nazi slaughter.
Glenn is a baby-boomer, born in 1954. Along with his wife, he makes his home in Connecticut. Employed in the public sector as an Information Tedchnology Specialist, Glenn has long been a car fan. Past rides have included heavy iron such as a 1967 GTO, to a V8 T-Bird. In between those high-horsepower cars, he's owned a pair of BMW 320i's. Now, with a daily commute of 40 miles, his concession to MPG dictates the ownership of a 2006 Honda Civic coupe which, while fun to drive, is a modest car for a pistonhead. As an avid reader, Glenn enjoys TTAC, along with many other auto-realated sites, and the occasional good book. As an avid electronic junkie, Glenn holds an Advanced Class amateur ("ham") radio license, and is into many things electronic. From a satellite radio and portable GPS unit in the cars, to a modest home theater system and radio-intercom in his home, if it's run by the movement of electrons, he's interested. :-)
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