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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Volvo

Volvo stories: 12 news summaries

 Ford Looks to Sell 
 Volvo to China 

Geely is only bidder remaining for Swedish subsidiary

Oct 28, 09 8:52 AM CDT
(Newser) - Ford put its Volvo unit up for sale last December, and it's narrowed the possible buyers to just one bidder: a Chinese consortium led by Geely, the country's largest private automaker. Geely first approached Ford about the purchase in summer 2008 and is prepared to pay about $2 billion, less... More »

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mergers and acquisitions • Ford • Volvo • auto industry • Ford Motor Co. • Geely Automobile Holdings

(Newser) - The crash of the US auto market has sped up the global auto industry's shift toward emerging markets, and no one is better poised to take advantage than the Chinese, the Wall Street Journal reports. Geely, one of the few Chinese auto firms that operate without a foreign partner, has... More »

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China • General Motors • Ford • Volvo • auto industry • Geely Automobile Holdings

UPDATED

Auto Sales
Take a Drubbing in December

Chrysler off 53%; GM, Ford, Toyota, Honda all down more than 30%

Jan 5, 09 1:28 PM CST
(Newser) - Chrysler's sales were off 53% in December compared to the same time last year, the Wall Street Journal reports today, with Ford's off 32% and General Motors down 31%, further indicating a steep decline in US demand for cars. Foreign makers took an even harder hit last month: A 35%... More »

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Toyota • General Motors • Honda • Ford • Volvo • auto industry • sales slump • supply and demand • financial crisis

 Ford Eyes Chinese 
 Buyer for Volvo 

Ford's last European car on the block

Dec 10, 08 3:40 AM CST
(Newser) - Beleaguered Ford is poised to sell Volvo to a Chinese automaker, reports the Times of London. Ford and Volvo executives are in talks with Changan, Ford’s manufacturing partner in China—one of the country’s biggest car makers. Over the last two years Ford has sold Aston Martin, Jaguar... More »

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Chrysler • General Motors • Ford • Volvo • bailout • Changan • Xu Liuping • Dongfeng Motor Group

 Ford May Sell Off Volvo 

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

Dec 1, 08 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 down and focus on its... More »

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

 Ford Tops Safe Car List 

With help from Volvo, firm leads with 16 vehicles

Nov 25, 08 11:36 AM CST
(AP) - The insurance industry named dozens of new cars and trucks, led by Ford and its Volvo subsidiary, to its annual list of the safest vehicles today. Ford and Volvo saw 16 of their 2009 vehicles make the list; Honda followed with 13. Some 72 vehicles received the top safety pick... More »

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Ford • Volvo • SUV • auto industry • trucks • car safety • cars

 Volvo Promises
 Crash-Proof Car
 By 2020 

Road deaths will be history, Swedes say

May 1, 08 4:35 AM CDT
(Newser) - Volvo executives have vowed to create an un-crashable, injury-proof car by 2020, Reuters reports. The car manufacturer is adapting technology developed for commercial aviation to create a vehicle that will take over the controls in a dangerous situation and brake or steer out of harm's way. Engineers are hopeful such... More »

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safety • Ford • Volvo • radar • Mercedes Benz • engineering • sonar • biomechanics • behavioral science

More Cuts Planned as Ford Shifts Out of Reverse

Investors rally for Mulally as turnaround picks up speed

Apr 23, 08 2:41 AM CDT
(Newser) - Ford was in the worst shape of Detroit's Big 3 a couple of years ago but chief executive Alan Mulally's sweeping changes have put the firm back on the road to profitability, the Wall Street Journal reports. The company has slashed jobs, and will likely cut more, and ditched its... More »

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Ford • Jaguar • Land Rover • Volvo • Alan Mulally • auto industry • US automakers

Volvo Recalls 125,000 Trucks in US for Fire Threat

Swedish truck maker is recalling three models built between 2003 and the present

Dec 27, 07 8:44 AM CST
(Newser) - Volvo is pulling 125,000 trucks in North America into the shop to fix an electrical fault that could cause fires, reports the AP. Volvo VN and VT tractors and its VHD dump trucks built since 2003 are being recalled. Volvo in 2006 recalled 42,000 VN and VHD models... More »

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Volvo • product recall • trucks • Volvo trucks

Ford Turns 1st Quarterly Profit in 2 Years

Automaker thumps expectations, moves into black for 2007

Jul 26, 07 11:48 AM CDT
(Newser) - In a surprise turnaround, Ford reported a $750 million quarterly profit today, ending seven quarters in the red by declaring earnings of 31 cents per share. Excluding profits related to the sale of Aston Martin and job cuts, the figure was 13 cents per share ($258 million), Bloomberg reports. Ford... More »

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profits • automaker • Ford • Jaguar • Land Rover • Volvo • Alan Mulally • Aston Martin • auto industry • quarterly profits

Ford May Be Preparing to Unload Volvo

Struggling automaker would reverse earlier decision in push for cash

Jul 15, 07 1:07 PM CDT
(Newser) - Faced with large losses and sagging sales in North America, Ford is ready to consider offers for its Volvo division, insiders say. As recently as two weeks ago, the company insisted that  Volvo was not for sale, the New York Times reports. Already on the market are two other Ford... More »

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Ford • Volvo

Ford Turnaround Plan Pays Off

Apr 26, 07 10:59 AM CDT
(Newser) - A loss is a win for Ford this morning, as the company's shares soared nearly 10% on smaller-than-expected first-quarter losses. Investors see the $282 million net loss—down from $1.4 billion in first quarter 2006—as a sign the company's ambitious turnaround plan is on track. More »

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business • Ford • Jaguar • Land Rover • Volvo • auto industry • cars

12 Stories


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