These days, it’s hard to imagine a company better positioned to take on Tesla than Geely-owned Volvo and Polestar. Volvo made headlines back in 2015 when it promised that all new Volvos would be electrified starting in 2019 and ruffled more feathers when it spun off its successful motorsports brand, Polestar, into a purely electrified performance car line. Parent company Geely’s Chinese heritage allows Volvo nearly unfettered access to the all-important Chinese market and allows the company to benefit from economies of scale – through the Geely, Lynk & Co., and Zeekr car lines – that it simply wouldn’t be able to realize on its own.Over the past 10-or-so years, the Swedish company – once on the verge of extinction – has flourished, going from strength to strength. Ford looks absolutely ridiculous for having sold Volvo, now valued at more than $20 billion, to Geely for “just” $1.5 billion ( with Polestar going for another $20 billion, all on its own) back in 2010.Sure, Ford wanted to fire-sale Volvo – but Ford wasn’t the only troubled American car company holding on to a respected Swedish car brand looking to make some fast cash. With a push here and a nudge there, Geely could have bought Saab, instead.Read more
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- Jeff71960 once a fun fast little car (if you can find an unmolested one)... unfortunately boy racer types trashed most of themhttps://www.cargurus.com/Cars/l-Used-Dodge-Neon-SRT-4-d658
- Pig_Iron How many second chances does Farley get? Is there a plan to deliberately destroy Ford? 😞
- Tassos Neons, new, used, or junk like this one, were the right car to own if you wanted it advertised what a lame loser you were.
- Damage My mother had a 78 with the FI motor. If you wound it out in first (not that she ever did) it would reward you with just a little tickle of torque steer. It was pretty reliable until water leaks from below the windshield found the fuse block. Once that was fixed, it was good for several more years. Eventually it got rusty and was sideswiped by a snowplow, and she sold it to my coworker who got several more years out of it. She traded it for a Mk2 Jetta, which was a fun little car. I don't miss the Rabbit but I'd love to find a clean Jetta again.
- Tassos in the same league as Tim's so-called "used deathtrap of the day" today.Both emiently junkworthy,