Ford considers selling Volvo Cars - Volvo Forums - Volvo Enthusiast Forum - Volvo Community - Volvo Repair
Volvo news and gossip Volvo news and gossip about new tech and models

User Tag List

 
LinkBack Thread Tools
post #1 of 15 (permalink) Old 07-16-2007 Thread Starter
Administrator
 
Join Date: May 2007
Posts: 228
Ford considers selling Volvo Cars

LONDON (Reuters) - U.S. automaker Ford is considering selling its Volvo Cars business as it assesses the future of its European operations, a source familiar with the matter said on Sunday.
The review of Volvo was still at a very early stage and may not result in a sale, the source told Reuters, adding that Ford had so far not hired financial advisers for the operation.

"Ford is not in discussions with any company to sell Volvo, however we are continuing to assess options for all our operations," a London-based spokesman for Ford said, while declining to comment further.

Last week, speculation about a Volvo takeover was fuelled by an interview with BMW Chief Financial Officer Stefan Krause in a German newspaper, who had not ruled out takeovers of other carmakers or brands, although he was also quoted as saying any talk of a bid for Volvo Cars was "pure speculation".
The speculation, however, lifted shares in Swedish truck maker Volvo around 5 percent on Thursday and analysts said there was market confusion as investors mixed up the Swedish truck maker with the Ford-owned auto maker.

By Mathieu Robbins

Source: Reuters UK
Admin is offline  
Sponsored Links
Advertisement
 
post #2 of 15 (permalink) Old 11-30-2007
Senior Member
 
Black 850's Avatar
 
Join Date: Oct 2007
Location: Florida
Posts: 100
Goodby Ford

I don't know if it is a good or bad thing that Ford is selling Volvo. I don't think I want Hundai to buy the company.
David.
Black 850 is offline  
post #3 of 15 (permalink) Old 04-01-2008
 
Join Date: Mar 2008
Posts: 4
Omg yeah I definitely dont want Hyundai to buy Volvo.
I was sad enough when Ford sold Land Rover and Jaguar!
GoodWill8675 is offline  
 
post #4 of 15 (permalink) Old 04-10-2008
 
Join Date: Apr 2008
Posts: 1
There was talk of Ford selling Volvo but it will not happen now.
warrenj is offline  
post #5 of 15 (permalink) Old 11-22-2008
Administrator
 
sulley007's Avatar
 
Join Date: Nov 2008
Posts: 688
Is Volvo a profitable business unit for Ford?



sulley007 is offline  
post #6 of 15 (permalink) Old 12-21-2008
 
Join Date: Dec 2008
Posts: 26
if Volvo is sold to BMW....the quality can only get better.
If Tato buys Volvo, like it bought Jag and Land Rover...the Volvo will become more interesting...

If Hyundia buys Volvo, you will have good quality cars for alot cheaper.

just dont sell to any japs
danger ranger is offline  
post #7 of 15 (permalink) Old 12-21-2008
Administrator
 
sulley007's Avatar
 
Join Date: Nov 2008
Posts: 688
Who would benefit the most from adding Volvo to their line up?



sulley007 is offline  
post #8 of 15 (permalink) Old 02-24-2009
Administrator
 
sulley007's Avatar
 
Join Date: Nov 2008
Posts: 688
Is Fiat now going to buy Ford?



sulley007 is offline  
post #9 of 15 (permalink) Old 03-02-2009
Senior Member
 
bullitt91's Avatar
 
Join Date: Sep 2008
Posts: 46
Ford also sold Aston Martin a while back to what, a private buyer?
bullitt91 is offline  
 
Join Date: Jun 2009
Posts: 3
If Ford is going to sell Volvo, I'm not sure that the brand itself will be able to satisfy the loyal Volvo consumers. It would certainly take a while before they get to arouse the interest again of the people after selling it.
duminyricky is offline  
Administrator
 
sulley007's Avatar
 
Join Date: Nov 2008
Posts: 688
Ford definitely is trying to sell Volvo. Apparently Geely Holding Group a chinese company is a front runner, but there are 2 other undisclosed parties interested. I'd bet that it will be sold this year. It is also rumored that Renault has an interest and I'd also be inclined to think they would be a stronger candidate. I think from being involved with the Atlanta VCOA chapter that the Volvo loyalist will continue. I would think a new buyer will keep it low key and not make any radical changes on the front end.



sulley007 is offline  
 
Join Date: Aug 2009
Posts: 9
just hope volvo dosent go bust when sold if sold
porschebeater is offline  
Senior Member
 
Join Date: Aug 2009
Location: Sudbury, Ontario, Canada
Posts: 330
It's interesting to look at the size of Volvo.

Click on this link Volvo Group : home and pull down the Volvo Group Companies tab.
You'll see how much Volvo Group actually controls and that the cars are a minor part.

What AB Volvo might be doing is waiting for the price to drop significantly before making an offer. Volvo is as Swedish as Ikea and I don't think that they would let the car division fall exclusively into the hands of foreigners.

Here's where Saab is right now; GM?s Saab Closer to Sale as Sweden Seeks EU Approval (Update2) - Bloomberg.com

Opel's deal is a little closer but still mired in side-deals; UK and Spain object to German-run Opel buyout | Business | Deutsche Welle | 10.10.2009

They are all well known, successful marques that were caught up in a globalization take over that has failed. Large companies bought them out for their names and market share. They failed to realize people wanted the product because of what it was, not what is stands for.

This has happened in many other fields too. Electronics companies have been bought for their names. Harmon-Kardon, Boston Acoustics are good examples of former quality producers whose name is now attached to junk. Getrag used to be a name associated with Porsche and BMW racing transmissions. GM bought Getrag and then every Chevy Cavalier had a Getrag 5 speed tranny. Same quality as the BMW box? No, merely the same crap transmission GM used to make in the same factory but now with a newly acquired name.

These companies are money loosers because of creative accounting. Losses from one division are magically shared by prosperous ones, creating an appearance of loss and a subsequent 'need' to cut costs/wages. Sheer financial greed has taken over a business where products were bought for their actual quality and feel.

Fortunaltely, It seems like there are still groups that want to keep the different lines alive and unique. Hopefully they will prevail.




64 Saab 96 Monte Carlo 850 clone, 73 1800ES, 74 Land Rover Series III, 80 Mini 1380, 04 Jeep GC Overland & 2010 Nitro
BHart is offline  
Administrator
 
sulley007's Avatar
 
Join Date: Nov 2008
Posts: 688
And look at Porsche trying to take over Volkswagen.



sulley007 is offline  
Junior Member
 
Join Date: Sep 2013
Posts: 2
No matter Ford sell volvo or not ,we just want to our are have a good condition ,good quality .Do you think so ?
jakson is offline  
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Volvo Forums - Volvo Enthusiast Forum - Volvo Community - Volvo Repair forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Performance Electric Cars Black 850 Off-Topic 6 04-11-2012 10:05 AM
Ford selling Volvo sree333_d Volvo news and gossip 0 03-24-2010 09:41 AM
Ford selling Volvo Update sulley007 Volvo news and gossip 2 03-01-2010 12:00 AM
Selling 1985 240GL zygmore Volvo For Sale 2 12-20-2009 07:51 AM
Seeking Selling Advice 2008-10-12 Volvo For Sale 0 10-12-2008 04:07 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome