volvo automobiles

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In a historical move the Swedish government today presented a $3.5 billion aid package for the country's remaining two auto makers, Volvo Cars and Saab Automobile, and said it plans to ensure the long-term existance of the industry in the country.

Ford is in discussions about selling off Volvo to Changan Automobile, its Chinese joint venture partner. According to state media, Xu Liuping, Changan’s president, participated in discussions with Ford and Volvo during an auto show last month in Guangzhou. No details of the talks were given, but an unidentified Changan executive was quoted as ...

Ford Motor Co. , shedding assets to raise cash, is in talks to sell its Volvo car business to China partner Changan Automobile Group, the National Business Daily reported Tuesday.

Another day, another rumor of the sale of Volvo's automobile operations. Of course, Ford is the current owner of the Swedish maker of shapely bricks, and the Blue Oval could definitely use the money as it tries to regains its shaky footing in its home market. A sale of Volvo has been spoken of for the last few years, and industry talk has seemed

volvo automobiles