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.
Nice writing style. Looking forward to reading more from you.
Chris Moran