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#211 of 247 Re: 144 [colloquor]
Sep 29, 2009 (10:17 am)
Just thought of this - how's your 144 on gas? The reason I ask is my 142 not only required premium but it was very finicky about which brand you used. Ran well on Exxon, Shell, Mobil, Amoco and Texaco. Hated Gulf and a couple of other brands and would let you know in no uncertain terms until you burned through at least half a tank and sometimes even had to do the old Sunoco ultra to make up for things.
Sep 30, 2009 (6:00 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 247 competition for Geely?
by Stever@Edmunds 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)
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.
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 247 I called it again...
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:
#216 of 247 Re: I called it again... [ateixeira]
by Stever@Edmunds HOST
Oct 28, 2009 (10:26 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.
#217 of 247 Re: I called it again... [steve_]
Oct 28, 2009 (10:47 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 247 one million Volvo vehicles globally a year
by Stever@Edmunds 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)
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.
Let's hope that at least ONE of the Swedes makes it.
#220 of 247 Re: a new battle [nippononly]
Dec 04, 2009 (8:08 am)
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.