RSS
Home
Ford may sell Volvo in effort to raise cash
Print
Email
RSS
Subscribe
.jpg)
Ford Motor Co. is looking at many options as the struggling automaker attempts to raise cash. Reports today say Ford is considering selling Volvo, its Swedish subsidiary.
Ford executives would not talk about how selling Volvo would impact either company.
Given the unprecedented external challenges facing Ford and the entire industry, it is prudent for Ford to evaluate options for Volvo as we implement our One Ford plan." - Alan Mulally, Ford CEO, in a written statement
Ford has been reviewing its Volvo business for more than a year, and has already moved to make Volvo a standalone company. It's one of several things the Dearborn, Mich-based automaker has been looking at to ride out the current economic turmoil in the industry.
More About:
autos
Related Articles:
Add a Comment
.jpg)
Economic analysts expect it will be several months before the economy improves.Count President-elect Barack Obama among them. He has plans to get the …
.jpg)
Want to help charities and nonprofits this holiday season? More than 70,000 nonprofits have joined with Goodsearch.com, which along with GoodShop.com …
- Careers Examiner
- Careers and Family Examiner
- Career Transition Examiner
- Entry Level Careers Examiner
- Executive Training Examiner
- Freelance Writing Examiner
- Jobs Examiner
- Law Practice Examiner
- Leadership Examiner
- Leading Change Examiner
- Publicity Examiner
- Work Life Balance Examiner
- Workplace Examiner
- Workplace Health Examiner
- Workplace Issues Examiner
- Workplace Law Examiner
