Ford continues to deny it, but it is becoming clear that the company is looking to sell its Volvo brand. Ford acquired the car side of Volvo’s business in 1999 and has been rumored to be looking for a buyer for well over a year now.
Dagens Industri, a Swedish financial newspaper, says that Ford is [...]
Photos of the Volvo’s newest SUV, the XC60, were released by the automaker yesterday, a vehicle that is expected to sell in the neighborhood of 50,000 units annually. Of those, 15-20,000 XC-60s are expected to sell in the US with Germany, China, Russia, and the UK as other markets where demand is expected to be [...]
Ford Motor Company has been in the news quite a bit lately, mostly for two reasons: a continued loss of market share/profits as well as the possible sale of Land Rover and Jaguar, its British brands. Over the weekend a third reason became evident: Ford is entertaining the sale of Volvo, its Swedish brand.
The New [...]
