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What about Volvo's future?

221 messages,  Last post on Dec 04, 2009 at 1:24 PM

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#212 of 221 Re: 144 [fezo] by colloquor Sep 30, 2009 (6:00 am)
Replying to: fezo (Sep 29, 2009 10:17 am) Originally with the Strombergs, fuel mileage in town was pretty terrible - low' teens - if you can believe it!. But the switch to SUs made a big difference for in town use. Highway mileage is in the mid-20s. Others running the downdraft Weber DGV get slightly better fuel mileage.   Of course, now it's set up to run on unleaded regular - lowered compression ratio and hardened valve seats. Still gets mid-20s on the road, but high teens in town. Not very good, but acceptable...
#213 of 221 competition for Geely? by steve_ HOST Oct 05, 2009 (1:38 pm)
"There are few reported details about a proposal from Dingman's Crown consortium to acquire Volvo, but the deal likely may vary significantly from that proposed by Geely, which, among other facets, is said to include a provision that Ford retain responsibility for certain pension liabilities and that Ford retain a share of Volvo."   Consortium Led by Former Ford Execs Makes Play for Volvo (AutoObserver)
#214 of 221 looks like by nippononly Oct 28, 2009 (5:43 am)
Geely is ahead in this horse race:   Ford names China's Geely as preferred Volvo bidder   October 28, 2009 - 7:12 am ET   MUNICH -- Chinese automaker Geely Group Holding Co. is Ford Motor Co.'s preferred bidder to purchase Volvo Car Corp.   Ford announced Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.   "Ford believes Geely has the potential to be a responsible future owner of Volvo and to take the business forward while preserving its core values and the independence of the Swedish brand," Ford Chief Financial Officer Lewis Booth said in a statement.   Ford said it does not intend to retain a shareholding in Volvo but will continue to work with the automaker in several areas after a possible sale.   http://www.autonews.com/article/20091028/COPY01/310289927/1193   I wonder what gives them assurances that Geely will be a "responsible corporate owner that will preserve the core Volvo values". I would expect it to be a quick race to the cheapest cost-per-unit as priority #1.
#215 of 221 I called it again... by ateixeira Oct 28, 2009 (9:41 am)
Ford picks Geely as preferred Volvo bidder   Told ya the Chinese would snap 'em up for pennies on the dollar. They got Hummer, too.   And Geely is among the very worst offenders of copyright law. A little reminder for those with short-term memories:   Replies to this message: steve_ (Oct 28, 2009 10:26 am) ateixeira (Oct 28, 2009 10:47 am)
#216 of 221 Re: I called it again... [ateixeira] by steve_ HOST Oct 28, 2009 (10:26 am)
Replying to: ateixeira (Oct 28, 2009 9:41 am) I wonder if this round is going to be like the Japanese buying 30 Rock and all that other real estate for inflated prices years (decades?) ago, and then having to dump them at a loss when things didn't pan out.   Maybe if Ford hangs out a year, they can buy Volvo back, together with the stolen tech the Ex-Ford engineer sold to Beijing Automotive Corp. Replies to this message: ateixeira (Oct 28, 2009 10:47 am)
#217 of 221 Re: I called it again... [steve_] by ateixeira Oct 28, 2009 (10:47 am)
Replying to: steve_ (Oct 28, 2009 10:26 am) By then they would have milked whatever tech is left, and the Swedish government will have to save Volvo (they probably won't).
#218 of 221 one million Volvo vehicles globally a year by steve_ HOST Nov 10, 2009 (10:35 pm)
"China's Geely Holding Group Co., selected by Ford as the lead bidder for Volvo, has developed a turnaround plan for the money-losing Swedish brand that centers on China but also sets ambitious goals for sales in Volvo's traditional markets of Europe and North America, the Wall Street Journal reports"   China's Geely Sets Ambitious Goals for Volvo (AutoObserver)
#219 of 221 a new battle by nippononly Dec 03, 2009 (7:04 pm)
as one Swedish automaker goes peacefully into that good night, another is being fought over once again:   December 3, 2009 - 1:16 am ET   (Reuters) -- A group led by former Ford Motor Co. executives has submitted a revised bid this week for Ford's Volvo unit and hopes to beat the offer by Chinese carmaker Zhejiang Geely Holding Group, the Wall Street Journal reported citing people familiar with the situation.   The group, called Crown consortium, is led by former Ford director Michael Dingman and former Ford and Chrysler LLC executive Shamel Rushwin, the newspaper said.   http://www.autonews.com/article/20091203/COPY01/312039970/1193 (registration link)   Let's hope that at least ONE of the Swedes makes it. Replies to this message: british_rover (Dec 04, 2009 8:08 am) nippononly (Dec 04, 2009 1:24 pm)
#220 of 221 Re: a new battle [nippononly] by british_rover Dec 04, 2009 (8:08 am)
Replying to: nippononly (Dec 03, 2009 7:04 pm) I just don't see Volvo going away. They have lots of new product out and have had sales up consistently month after month. We have almost gone to a waiting list on the XC60. I have two cars to sell for the next couple of months and all the rest are ordered to spec with deposits. One of the cars I have to sell is a demo and it will go before the end of the year.   By next summer every Volvo model but one will have been completely redesigned or refreshed since 2007 The XC90 is the only one left to be resigned and that will happen in 12-18 months. Replies to this message: nippononly (Dec 04, 2009 1:24 pm)
#221 of 221 Re: a new battle [british_rover] by nippononly Dec 04, 2009 (1:24 pm)
Replying to: british_rover (Dec 04, 2009 8:08 am) I don't think Volvo will go entirely away, no, but I wonder how it will change in the next 10 years if it becomes a subsidiary of Geely in China.   For one thing, once all Volvos for global consumption are being built in China (which seems inevitable to me in the long term if Geely succeeds in buying it), will they be as popular?

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