In 1999, Ford paid $6.5 billion for Volvo. Today, Ford sold Volvo to Zhejiang Geely Holding Group for $1.8 billion — a loss of over 72%. Maybe it's because they stopped making cars like this. [AutoNews; Photo: 20thcenturyman via fuckyeahcarburetors]
In 1999, Ford paid $6.5 billion for Volvo. Today, Ford sold Volvo to Zhejiang Geely Holding Group for $1.8 billion — a loss of over 72%. Maybe it's because they stopped making cars like this. [AutoNews; Photo: 20thcenturyman via fuckyeahcarburetors]