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Ford's Volvo may get bids from China
- 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.
- Subjects :
- Ford Motor Co. -- Planning
Ford Motor Co. -- Mergers, acquisitions and divestments
Ford Motor Co. -- Subsidiaries, divisions and units
AB Volvo -- Planning
AB Volvo -- Mergers, acquisitions and divestments
AB Volvo -- Finance
AB Volvo -- Company forecasts
Transportation equipment industry
Truck industry
Company business planning
Company acquisition/merger
Company financing
Company business forecast/projection
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.192850594