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Ford May Sell Off Volvo

Company's US sales off 28% in '08; Swedish government in talks

By Gabriel Winant, Newser User

Posted Dec 1, 2008 10:29 AM CST

(Newser) – Ford is looking to cut costs wherever it can, and that might mean selling off its Volvo unit, the Wall Street Journal reports today. US sales for Volvo dropped off 28% in the first 10 months of 2008, and Ford, bleeding cash, plans to trim... Read full story »

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Ford May Sell Off Volvo

Company's US sales off 28% in '08; Swedish government in talks

Ford • Volvo • Alan Mulally • Sweden • US automakers • financial crisis • Saab

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