China may buy Volvo

[Guest Tony n Terrific]

Beijing Automotive would be one of three or four companies that have expressed interested in Volvo. It's unclear how interested Beijing Automotive is in Volvo, the source said.

Dearborn, Mich.-based Ford said last year that it wants to sell the unit so that it can focus its efforts on three core brands: Ford, Lincoln and Mercury. Ford acquired Volvo in 1999 for $6.45 billion from Volvo AB.

 

 

http://money.aol.com/article/ford-may-sell...-chinese/522440

[BeninWiscon]

It sounds as if the world is playing musical (chairs) industries.

[Guest Tony n Terrific]

It sounds as if the world is playing musical (chairs) industries.

Yep. Monopoly with real buildings

[Sebastian]

Oh Poopies... Renault has some cash - perhaps they can make an offer.

[Guest Tony n Terrific]

Renault automobiles are like a septic tank at best they don't work.

[Sebastian]

Renault automobiles are like a septic tank at best they don't work.

 

Ya - that's the view of the cars that were sold into the USA, back in the '70s .

 

Thankfully, they have made vast improvements.

 

Anything past '99 is actually pretty darn good. But you can't buy it stateside from a dealer. their TDI (Turbo Diesel Engine) is actually pretty good, but I wouldn't want to see it in a Volvo Vehicle - I'd be sad.

 

You CAN import almost any Renault vehicle from The Benelux, though.. It's cool to do - have LHD, and if you choose a vehicle from 99 or later - it has the EU emissions standards (so passes emissions testing, even in California) and the EU Safety Standards (which is harsher than any state in the CONUS) ... If you were in Europe this century, you might have had a chance to RENT ONE whilst you were visiting. I have, I like them much - that's just me... I also owned one in Singapore - but that's another story - albeit sans septic tank.

 

But I digress. .

 

I'd prefer Renault to purchase Volvo instead of any China entity... It's just a personal preference, and Renault has the cash and lines of credit to make it happen. I'm a diehard Volvo Fan - I had rigors when Ford bought it --the S80 design reminded me too much of the frickin Ford Taurus - but I'd have even greater Rigors if some China entity owned it. F*CK all on the technology transfer.

Edited June 11, 2009 by Sebastian (see edit history)