Posts Tagged ‘Volvo’

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FoMoCo Posts 6th Consecutive Quarterly Profit!!!

October 27, 2010

This time last year, Ford Motor Company announced a $997 million (USD) profit – which wasn’t too bead considering the economic times. This year, though, Ford have announced that in the 3rd quarter of this year, the company has earned a massive $1.7 billion – the highest takings since 1990!

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Ford to sell Volvo to Renault???

February 3, 2009

Source: Autocar

French car maker Renault has held talks with Ford about a possible purchase of Volvo cars, reports Reuters.

The two companies met last autumn to discuss a possible deal, but apparently the talks ended after the parties failed to agree on the value of the Swedish car maker.

Image courtesy of Autoblog

Image courtesy of Autoblog

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Ford to sell Volvo… still…

January 28, 2009

From The Detroit News:

Ford Motor Co., the only U.S. automaker to forgo government loans, will begin seeking buyers for its Volvo luxury brand next month and expects to draw bids from Chinese carmakers, said a person familiar with the plan.

Image courtesy of Autoblog

Image courtesy of Autoblog

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Volvo S60 Concept debuted 4cyl. Eco Boost engine…

January 14, 2009

Remember the Volvo S60 concept that was unveiled at this years NAIAS? Well apparently it debuted Ford new 1.6 litre EcoBoost 4-cylinder engine – which is a pretty impresive engine.

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Daimler says no to Volvo

January 6, 2009

Volvo and Mercedes-Benz have been known for decades as automotive safety pioneers, sharing between them the bulk of new innovations in the field. These days, however, automakers are as concerned about their financial security as they are with occupant safety. With the latter in mind, reports indicate that Mercedes parent company Daimler has decided against buying Volvo from Ford.

Image courtesy of Autoblog

Image courtesy of Autoblog

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Spring cleaning at Volvo

September 13, 2008

In recent times, Volvo has been rumored to be the next brand to be sold off Ford PAG’s (Premier Auto Group) list of marquees. But time after time Ford has denied these claims. Now with Ford looking to keep hold of Volvo, it appears some housekeeping needs doing…

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