‘We absolutely do not want to buy Volvo Cars’ – Volvo Group Chairman

Ford is rumoured to want to sell Volvo Cars to help it to save money. But, despite pressure from the Swedes to bring the famous brand back to Sweden, the Volvo Group (which builds buses, trucks and construction equipment) don’t want it back.
Volvo Group Chairman Johnsson has offered to ‘help out’ Volvo Cars with joint projects and research but pours cold water on suggestions that the state should nationalise the car company. He claims the state knows nothing about the car industry – the same might be said for the Volvo Group and Ford in view of recent years attempts to make money out of a well-loved marquee.
It’s unlikely that Volvo will disappear from the list of favourites for purchase or car leasing.
December 17, 2008 at 11:13 am | Volvo | No comment
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