From TTAC today:
Either Ford gets a signature from a willing buyer or Volvo will be terminated… Ford is reported to be asking between $3b to $4b for Volvo, much less than the $6.4b they paid.
And the potential suitors? China’s Chery. China’s Changan. China’s Dongfeng.
This is a far cry from the Swedish nationalization rumors that were flying around late last year. Whatever happens it looks like it’ll go down this month.
Does Automobile Magazine really lead their article on the debut of the 2010 Volvo S60 with this paragraph?
Sleek and sexy are words that are rarely associated with Volvos. Rather, the name Volvo generally conjures up adjectives such as safe and secure. Yet, the 2009 Volvo S60 concept seeks to change that notion and instead prove that a Volvo can be both safe and sexy.
I feel like I’ve been time-warped back to 1997 for the debut of the C70. Or to art school in 1995 to revisit the death of painting, which had happened 10 years previous.
The suicide-door-opening, Benz-C-class-looking, curvy, crispy, sleek S60 concept certainly is appealing. Hopefully this blog will gain an ounce of sex appeal by being tangentily associated with all of it’s $50k+ glory.
Oh yeah, blah blah blah Detroit Auto Show blah blah blah economy blah. Blah blah blah stimulus package blah blah. Consumers blah blah wallet blah blah blah Big Three. Blah blah green blah blah carpocalypse.
“Obama for President” bumper stickers are plastered all over this 245 in a Denver parade before Obama’s acceptance speech.
For the record, the stereotype is about liberals driving Volvos and sipping lattes. This video sums it up: “Howard Dean should take his tax-hiking, government-expanding, latte-drinking, sushi-eating, Volvo-driving, New York Times-reading, body-piercing, Hollywood-loving left-wing freak show back to Vermont, where it belongs.”