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Ford Officially Looking To Sell Volvo
Detroit, 12:55 PM
Sat Dec 5
25 posts in the last 24 hours
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Ford Officially Looking To Sell Volvo |
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I don't believe that the Mondeo is Volvo-based, but I could be wrong on that one.
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Fiat is trying to build up Lancia as their better brand and VWorsche is starting to look like GM with multiple divisions. If someone is going to buy them it'll be Renault/Nissan or some Asian company looking to pad their safety resume. How much money does Hyundai have? I'd like to see a 2nd gen Genesis on a platform co-developed with Volvo and RWD V8olvo spun out of it...
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Auto engineers take note- Route to success = less side-curtain airbags, more vacuum-operated skulls.
12/01/08
Sigh.
12/01/08
COTD?
12/01/08
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Happiness is a scruffy dog.
12/01/08
Ford needs cash and to protect its core business. Do they really need it enough to sell of a performing asset that has great future prospects?
I'm not sure VW will be all that interested. The have the Passat, and all of Audi, plus large interests in MAN and Scania for the heavy truck side of things.
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I agree, they should make 'go fast' and 'eco-friendly' variants and go after the Mini-buyer market.
12/01/08
Acres of black plastic, mediocre control surfaces and (worst of all) pedals that didn't allow for heel-toe-ing.
I think it's used Mini FTW.
12/01/08
Anyone?
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It sounds like a self cervix station.
12/01/08
The guys at Ford are morons for getting rid of either of the comopanies... they need to keep Volvo if only for the engineering the contribute to Ford.
What Ford needs to do is have 3 compaies under the corporate umbrella: Ford, Volvo and Mazda.
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@EndlessMike: If it were, y'know, actually possible, I'd be tempted to tell 'em where to stick their investments. Pity it's not exactly practical to do so.
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Wolfsburg (AFP) - Volkswagen AG announced today that it is considering the purchase of Volvo Car Corporation from Ford Motor Company for an undisclosed amount in cash, shares, and unmarked gold. VW CEO Marvin Sommerkorn stated, "The purchase of Volvo represents an ideal diversification move for the Volkswagen family, allowing us to offer cars of lesser quality than VW, while charging Audi-like prices for them."
Volkswage is Europe's largest carmaker and remains profitable, despite a global automotive slowdown. Sommerkorn continued, "Our analysts and investment bankers unanimously agree that this would result in immediate profitability, as VW would be able to better penetrate the Frigid MILF and Codependent Douchebag markets. While existing VW and Audi brands have had some success with these groups in the past, our current brands tend to offer too much value for deep-pocketed, vapid, and image-conscious suburbanites."
Sommerkorn also indicated plans to clear existing Volvo inventory with a combination of financial incentives and free "Kerry 04" and "Coexist" bumper stickers for prospective buyers.
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