Volvo for sale

Posted on January 21, 2008 
Filed Under News



Ford doesn’t want to admit but it seems that Volvo is up for grabs.Rumors say that by next summer the Swedish company will chance owners.Ford will lose the last PAG component that it owns,as Land Rover and Jaguar have already been sold to the Tata group.

It is estimated that Ford will take almost 6 billion dollars,very close to the amount that it payed in 1999:6,45 billion

.volvo icon

It’s sad that the Detroit guys couldn’t get Volvo to the wanted level,even though the plan was destined to succeed.Volvo has always been a respected brand and I believe that Ford is making a big mistake but bussiness is bussiness…

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