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VOLVO FOR SALE; Speculation


salsakingcpa

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With Wixom's past quality standards that would seem like a good fit for Volvo.

 

Doubt it will happen. There will never be a stand-alone "Volvo plant" in NA. With Volvo sharing platforms with Ford across the board it would make a lot more sense just to piggyback Volvo's relatively low volume onto lines already building their platform-mates.

Edited by NickF1011
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BMW-Volvo? Not So Fast, Pundits

 

http://www.thecarconnection.com/Auto_News/...173.A12407.html

 

Blogs, newspapers, and tongue-wagging auto executives have been trying to push BMW and Volvo to the altar for a year. The likelihood of the German automaker buying the Swedish carmaker from Ford doesn't look any closer today, though published reports would have us believe otherwise.

 

Executives at both Ford Motor Co. and BMW AG said Tuesday that there have been no formal discussions between the two companies about the German automaker acquiring the ailingU.S. automaker's Volvo car business. A report of the possible sale was initially reported by Swedish daily newspaper The Goteborgs Posten and then the Financial Times of London last week. But reports that BMW was examining Volvo's financials have been popping up on blogs for months.

 

 

 

A BMW executive speaking off the record Tuesday said he would not rule out the possibility that BMW's strategic planning and financial departments were not studying a scenario in which BMW would acquire Volvo as "a normal business planning exercise."

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Doubt it will happen. There will never be a stand-alone "Volvo plant" in NA. With Volvo sharing platforms with Ford across the board it would make a lot more sense just to piggyback Volvo's relatively low volume onto lines already building their platform-mates.

I agree. Just like Lincoln no longer needs a plant to itself, since it uses Ford platforms. Volvos could very easily be built in NA.

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BMW-Volvo? Not So Fast, Pundits

 

http://www.thecarconnection.com/Auto_News/...173.A12407.html

 

Blogs, newspapers, and tongue-wagging auto executives have been trying to push BMW and Volvo to the altar for a year. The likelihood of the German automaker buying the Swedish carmaker from Ford doesn't look any closer today, though published reports would have us believe otherwise.

 

Executives at both Ford Motor Co. and BMW AG said Tuesday that there have been no formal discussions between the two companies about the German automaker acquiring the ailingU.S. automaker's Volvo car business. A report of the possible sale was initially reported by Swedish daily newspaper The Goteborgs Posten and then the Financial Times of London last week. But reports that BMW was examining Volvo's financials have been popping up on blogs for months.

 

 

 

A BMW executive speaking off the record Tuesday said he would not rule out the possibility that BMW's strategic planning and financial departments were not studying a scenario in which BMW would acquire Volvo as "a normal business planning exercise."

 

Before you post any additional links, could you please look at the date on the link. This one goes back to May 2007.

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I CHECKED; IT WAS POSTED BECAUSE IT WAS RELEVANT TO THE SUBJECT MATTER :happy feet:

 

Thank you for the large font. Had you not used it, I'm not sure I would have been able to read your answer.

 

However, since the date of your article, Ford has said they are not selling Volvo.

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I CHECKED; IT WAS POSTED BECAUSE IT WAS RELEVANT TO THE SUBJECT MATTER :happy feet:

 

Relevant? In your dreams, maybe.

 

Why the hell would BMW want Volvo? For all the cost, what does Volvo give BMW that it can't get for itself with less grief? Absolutely nothing.

 

Between BMW and MINI, BMW Ag covers just about everything they want. And unlike most other manufacturers, they can sell everything they make with minimum discounting. They are currently rumored to be working on a sub-1-series car, smaller than a MINI, that may carry the BMW Isetta name.

 

So, again, what would BMW want from Volvo?

 

The gang at BMW are smart enough not to try to be all things to all people, which is why they cancelled their mini-van project something like 24 months ago. Consider the challenge of dealing with the CO2 EU hoo-ha over the next 3-4 years, and on top of that, you think BMW wants to get involved with the management challenge of taking over Volvo? Especially after the joys of owning and working on Land-Rover?

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Story is Volvo will be basing more of its US products around Ford versions and NA production.

this opens up the possibility of a Ford factory sharing with Volvo,

I wonder, Chicago Assembly Plant?

 

That would be great. Downsizing for profits is one thing. Downsizing a brand is another. A brand has a rep, and ca take years and billions to make it. Why walk away from Volvo, it seems like they got lazy and don't want to try.

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http://www.thebusiness.co.uk/news-and-anal...-of-volvo.thtml

 

Full speed ahead as Ford plans summer sale of Volvo

Mark Leftly Wednesday, 16th January 2008

 

FORD, the American car giant, is secretly planning the $6bn (£3.05bn, E4.03bn) sale of Volvo, its loss-making Swedish brand, for the summer.

 

The Business understands Ford is determined to press ahead with the sale despite recent comments that it would hold on to Volvo for now and take it upmarket. A sale would complete Ford’s strategy of disposing of overseas brands to focus on its core American operations.

 

A senior banker familiar with the situation said Ford intends to start work on the auction shortly after it completes the £1bn-plus deal to offload Jaguar and Land Rover, its West Midlands-based luxury marques. A deal with Tata, the Indian conglomerate, should be completed in the next few weeks.

 

The banker said that Ford had publicly played down the possibility of selling Volvo as executives grew “fed-up and tired” of speculation over the marque’s future.

 

It is thought that a beauty parade of investment banks will take place in the next few months. HSBC, Goldman Sachs and Morgan Stanley would be frontrunners, having advised on Jaguar and Land Rover.

 

The auction of Volvo will prompt considerable interest, and potential bidders are expected to include Ripplewood Holdings and Cerberus, the private equity groups that looked at Jaguar and Land Rover, as well as Chinese trade buyers. Bids are likely to range from 6bn.

 

A second senior banker said: “Sooner or later a serious decision will be made and Ford will get out of Volvo.”

 

Ford bought Volvo’s car division for $6.45bn in 1999. Volvo, founded in March 1927, sold 428,000 cars in 2006, down 4% on the previous year. This was only 6,000 cars up on 2000, Ford’s first full year of ownership. In November, Ford announced Volvo had made a third-quarter loss, but did not specify a figure.

 

Ford was unavailable for comment.

 

Whether this is accurate or not, there is at least one report that Volvo employees are eager for a sale. According to Auto Motor & Sport in Sweden, the majority of Volvo workers are tired of Ford and think that the quality of Volvo cars has declined since Ford took over. Not endorsing their views, only pointing them out.

 

Link here (article in Swedish): http://www.automotorsport.se/soderlind-vol...lja-volvo/12987

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VOLVO ANTICRASH SYSTEM REVEALED

 

Last Modified: 12 Feb 2008

Source: PA News

 

New technology which means that "cars can't crash" has been highlighted in an initiative that could eventually prevent more than 125,000 injuries a year in Britain.

 

Three different systems which will mitigate, and in some cases prevent, low-speed shunts and collisions have been evaluated by motor research company Thatcham.

 

These low-speed incidents make up 75% of all motor accidents and Thatcham believes that if the new systems now available are fitted as standard on all vehicles there will be a drastic drop in road casualties.

 

The company outlined the new technology at the TRL transport research centre at Crowthorne in Berkshire.

 

The systems are:

 

The Volvo City Safety - This will be fitted as standard to the Volvo XC60 which will be on sale from November. The system is active at up to 20mph. It uses a form of laser radar mounted on top of the windscreen. It is programmed to respond if the vehicle in front is either at a standstill or is moving in the same direction as the car itself.

 

The brakes are pre-charged and should a collision be imminent it applies them and cuts the throttle. If the car is travelling below 10mph it should prevent the collision entirely and at a speed of up to 20mph will reduce the impact by 50%.

 

The Mercedes Distronic Plus - Currently available on some Mercedes S-class models. It uses two radar systems linked to the car's cruise control system to maintain a safe distance between you and the car in front.

 

It provides a continual calculation of the distance between the vehicle in front and the speed differential between them and will bring the car to a complete stop if necessary.

 

The Honda CMBS - Currently on the Honda CR-V, it is a radar system that again calculates the distance and the speed differential with the vehicle in front. Should this become out of kilter the driver receives visual and audible warnings before brakes are progressively activated. Seat belts are also tightened to alert the driver of an impending problem and lessen any resulting injuries.

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