Ford,May,Consider,Geely,Potent car Ford May Consider Geely as Potential Volvo Buyer
General Lee: For such a TSP platform, indeed, is the test of the ability to integrate the same time, just She always has been mentioned in the business platform is a completely independent intellectual property platform and our platform is t In the shape of the design, the Core wing broke through the traditional appearance of the other models, the Core-wing sense of movement and high-level sense of the high degree of balance, which must be improved, both in the interior styling
But onebrand that Ford has been slow to remove from its umbrella is Volvo. The Swedish automaker has not attracted promising offers, but recent reports suggest that Chinese automaker Geely is currently a front-runner to purchase Volvo.News sources in China have reported that Geely has submitted aletter of intent to purchase the company from Ford. However, Ford hasnot yet released any details regarding a potential purchase notes St Paul Used Cars, but no other names of potential buyers have yet surfaced.With Volvo suffering from layoffs and sales setbacks, Boston Auto Loanssuggests the automaker could benefit from producing cars in Geelyfacilities in China. The reported offer will include a total investmentof up to $10 billion. In addition to potential China-based productionfacilities, Geely also hopes to assist in the development anddeployment of the next generation XC90, which should reach Nashua Volvo Service showrooms within two years.While Ford has recently denied the sale, and Volvo remaining silenton the issue, Geely appears to be the most likely candidate as apotential buyer. Volvo Service Jersey City points out that other Chinese automakers have also been mentioned as viable buyers.Since the Swedish government has pledged loans to the automaker to help it limp through the current recession, Volvo New Yorkbelieves the Volvo brand has become somewhat more attractive forpotential buyers. For a Chinese automaker, the Volvo brand would bequite attractive as Volvo has a fairly large dealer network within thelucrative North American auto market, which Chinese automakers have yetto gain. As Volvos estimated value continues to plummet, its likelythat Ford wants to see a sale sooner rather than later.
Ford,May,Consider,Geely,Potent