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Ford seeking to sell Volvo for $6 bn: Report

New York: Ford Motor is seeking to sell Volvo for as much as $6 billion, and is using JPMorgan Chase & Co as an adviser, 'Bloomberg' reported on its website on Wednesday, citing people with knowledge of the plan. The report said Ford is counting on the strength of the brand to draw bidders. A spokesman f  ....Read more

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3 Comments |
Ford's FutureBy: Fernando Mangino | Sunday , 7 Dec '08 20:07:05 PM Reply | Forward The name of the game now is who makes more money no who sells more.Efficiency is fundamental cocentrate in manufacturing Ford fuel efficient vehicles medium and small in size.Keep the high quatity you have achived,and downsize the world dealer network at least 30 to 35%.The dealers must have a solid financial situation.A high number live on a day to day bases and when economic crisis like the one we are living today comes all they do is unload their inventory at cost in detriment of the rest and the ford product
Don't sellBy: A.J. | Thursday , 4 Dec '08 23:37:36 PM Reply | Forward Ford needs volvo to survive in this horrible economy!
Hope this helps FordBy: Manish Joddar | Thursday , 4 Dec '08 13:27:43 PM Reply | Forward Hope this helps FORD recover and produce better cars
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