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Ford's Volvo may get bids from China

Authors :
Dolan, Matthew
Shirouzu, Norihiko
Source :
Wall Street Journal. Europe. Jan 29, 2009, A4
Publication Year :
2009

Abstract

In an effort to raise cash and streamline its operations, Ford Motor Co. will forge ahead with plans to sell its Volvo automotive brand. Several Chinese parties are expected to enter the bidding process. Volvo posted a third-quarter pre-tax loss of $458 million and may seek emergency funding from the Swedish government.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.192850594