BMW to Volvo? Ford Says It's a No-Go

And, cue the denial. Late yesterday, Ford rendered a missive denying the most recent reports it had been entertaining certain Münichers for the purpose of trading Volvo for a few billion Bimmerbux.

"Ford Motor Company is not in discussions with BMW or any other company regarding an interest in the Volvo Car Corporation. We have seen this kind of speculation for the past year, as Ford Motor Company has been assessing our operations and portfolio — as any good business does and we will continue to do."
So you mean there aren't any leftover sandwiches in the conference room? What a gyp.


Ford Denies Plan To Sell Volvo [RTT News]

Related:
Over the Back Fence: BMW Still Angling to Buy Volvo? [internal]