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Saturday, December 18, 2010

Volvo

American concern Ford suspends talks with potential buyers of his company-owned Volvo to the time when General Motors will sell its European division of Volvo. According to The Wall Street Journal source familiar with the situation, this dependence is connected with the fact that Ford intends to invite the applicant to Volvo, which had lost the battle for the Opel and the British "sister" Vauxhall. According to the interlocutor edition, Ford wants to determine the adequacy of the value of the Swedish automakers, on the basis of the conditions of the transaction, which will conclude with a buyer GM Opel. The press-service Ford this statement did not comment.

Recall that Ford put Volvo on sale in December last year. Among the applicants for the assets of the brand is called Chinese Beijing Automotive Industry Holding Corp (BAIC), who recently left out of the struggle for Opel.

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