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Ford Motor Company Selling Volvo; GM Selling Saab!  
User currently offlineStasisLAX From United States of America, joined Jul 2007, 3283 posts, RR: 6
Posted (5 years 9 months 3 weeks 5 days 14 hours ago) and read 9435 times:

Ford Motor Co. says it is considering selling Volvo Car Corp. as the struggling U.S. automaker seeks to raise cash and weather the industry crisis.

Ford said today it expects its strategic review of the Swedish luxury automaker will take several months.The Swedish government has said it has been in talks with Volvo and with General Motors Corp.'s Saab unit following reports that the U.S. parent companies were seeking aid for their Swedish carmakers.

Ford, GM and Chrysler will go before the U.S. Congress on Tuesday to present a proposal for $25 billion in loans to keep them afloat as sales sag.

Source: http://www.latimes.com/business/la-fi-ford2-2008dec02,0,1272557.story

Ford announced today in an official press release that it is "re-evaluating strategic options for Volvo Car Corporation", which means that it is looking to sell Volvo. Ford has owned Volvo it's owned since 1998. The troubled automaker states this evaluation will take about three months, during which Ford and Volvo will work together as they always have. While the sale of Volvo will be no doubt be decided upon during this time, Ford has also said it will be working on positioning Volvo as its own business unit since Ford's so-called "Premier Automotive Group", which once included Volvo, Jaguar, Aston Martin and Land Rover, has been systematically sold-off as Ford has needed cash to keep itself above water.

Meanwhile in the Motor City, General Motors is rumored to be offering up the Saab brand; GM's Hummer brand is already officially "for sale" on the market with no serious interested party that wants to buy it. Industry analysts say buyer interest in the brands most likely to be sold (Buick, Hummer, Saab, Pontiac, and/or Saturn) is rumored to be about nil because of the economic downturn. GM has been studying the sale or shutdown of its eight U.S. brands - with the exception of its successful U.S. brands (Cadillac and Chevrolet) in its attempt to return to profitability.

Source: http://www.newsobserver.com/business/story/1134070.html

Do you think that Ford should be selling Volvo? Maybe they should be closing Mercury instead? And should GM sell Saab (which its owned since 1989) and Saturn? I think Saab should be sold off but Saturn should continue to be developed into the North Americanized version of GM's European Opel division. Your thoughts?  scratchchin 


"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety!" B.Franklin
82 replies: All unread, showing first 25:
 
User currently offlineB727 From United States of America, joined Oct 1999, 521 posts, RR: 1
Reply 1, posted (5 years 9 months 3 weeks 5 days 12 hours ago) and read 9388 times:

I hope that the sale of Saab will help Saab. It seems as if the Saab quality has gone down hill since GM took over.

I hope both Saab and Volvo do well thru the sales.


B727

Glenn
(Former 2001 Saab 95 owner)


User currently offlineCptkrell From United States of America, joined exactly 13 years ago today! , 3220 posts, RR: 12
Reply 2, posted (5 years 9 months 3 weeks 5 days 12 hours ago) and read 9385 times:

Maybe not a bad idea. Wrote some half-zillion words to this effect but lost post by pressing the wrong button.

FoMoCo's Volvo burden is too much (as was the Jaguar, Land Rover, etc pipedream).

GM's Saab wet dream has never got really wet; broom Saab as well as Pontiac, Buick, GMC, Saturn, Hummer. (GM should have poured dumptruck loads of $$ into Oldsmobile and given the rest of their rigmo nameplates nameplates a permanent plot of land). That Olds comment said, a manageble comprehensive line for GM COULD have been Chev, Olds, Cad.

FoMoCo; shitcan Mercury. But, get a few $$ out of Vulva beforehand.

Chrysler; jeeze...how big is my black dri-mkarker? Regards...jack

P.S. Notice how the USA "transplants" are repeating the big three's mistakes? Coming up with scads of new models and nameplates to appease everybody in the marketplace?



all best; jack
User currently offlineJoshSixtySeven From , joined Dec 1969, posts, RR:
Reply 3, posted (5 years 9 months 3 weeks 5 days 12 hours ago) and read 9374 times:

I'm glad Ford will sell Volvo.

I'm a fan of Volvo's myself and the quality of them has got worse and worse ever since the arrival of the vehicles under Ford since January of 1999. The V40, for example, was an absolutely awful car. The interior resembled something knocked up by a group of toddlers.

Although, to Ford's merit the Volvo's they already had the "recipe" for such as the V70 have gone pretty well, and the latest ones seem to be fairly nice. Who could possibly say no to a T5?


User currently offlineLumberton From United States of America, joined Jul 2005, 4708 posts, RR: 20
Reply 4, posted (5 years 9 months 3 weeks 5 days 12 hours ago) and read 9364 times:

The topic states that Ford is selling Volvo; yet the post indicates that Ford "is considering selling Volvo". Which is it?


"When all is said and done, more will be said than done".
User currently offlineCptkrell From United States of America, joined exactly 13 years ago today! , 3220 posts, RR: 12
Reply 5, posted (5 years 9 months 3 weeks 5 days 12 hours ago) and read 9355 times:

WSJ sez "considering". Well, yeah. If the deal was a deal there would be considerable yakety-yak in the financials. Sort of like all the other financial rumors that are popping up about three times a day.

I'm thinking that there might be some credence in this, however. It makes sense. Regards...jack



all best; jack
User currently offlineWildcatYXU From Canada, joined May 2006, 2614 posts, RR: 5
Reply 6, posted (5 years 9 months 3 weeks 5 days 11 hours ago) and read 9315 times:



Quoting StasisLAX (Thread starter):
I think Saab should be sold off but Saturn should continue to be developed into the North Americanized version of GM's European Opel division.

Well, for now Saturn has only two models in it's lineup that have an european counterpart. So I think it would really take some time and money. GM has neither.


User currently offlineStasisLAX From United States of America, joined Jul 2007, 3283 posts, RR: 6
Reply 7, posted (5 years 9 months 3 weeks 5 days 10 hours ago) and read 9280 times:

Quoting Lumberton (Reply 4):
The topic states that Ford is selling Volvo; yet the post indicates that Ford "is considering selling Volvo". Which is it?

Volvo is definitely up for sale - now all Ford Motor needs to do is find someone to buy it. The Volvo Group is NOT interested in buying the Volvo auto business back as they want to continue to focus on their trucks and commercial vehicles business. Ford brought Volvo Auto from them in 1998 for $6.5 billion USD. I think that Ford (under the "leadership" of former CEO Jacques Nasser whom is frequently blamed for Ford's poor financial situation) will consider taking considerably less than that amount to unload Volvo for desperately needed cash flow.

Source: http://www.autonews.com/article/20081201/ANE02/812010192/1200

[Edited 2008-12-01 19:31:23]


"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety!" B.Franklin
User currently offlineAsuflyer05 From United States of America, joined Feb 2004, 2372 posts, RR: 3
Reply 8, posted (5 years 9 months 3 weeks 5 days 10 hours ago) and read 9275 times:

Thank God they dumped my beloved Aston Martin before the economy went to crap.

User currently offlineStasisLAX From United States of America, joined Jul 2007, 3283 posts, RR: 6
Reply 9, posted (5 years 9 months 3 weeks 5 days 10 hours ago) and read 9268 times:



Quoting Asuflyer05 (Reply 8):
Thank God they dumped my beloved Aston Martin before the economy went to crap.

Aston Martin is suffering very badly right now too. They just announced that they may cut 600 jobs to save money, according to today's Automotive News.

Source: http://www.autonews.com/article/20081201/ANA02/312019884/1176



"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety!" B.Franklin
User currently offlineAsuflyer05 From United States of America, joined Feb 2004, 2372 posts, RR: 3
Reply 10, posted (5 years 9 months 3 weeks 5 days 9 hours ago) and read 9252 times:

Yeah. We're hearing they will move to a 3 day production week.

It seems as if Ford ramped up production as it was getting ready to cut the cord and run. So there are a ton of early 2007 and 2008 cars (mainly Vantage Roadsters) out there on the market. Thankfully 2009 allocation has dropped.


User currently offlineWunalaYann From Australia, joined Mar 2005, 2839 posts, RR: 25
Reply 11, posted (5 years 9 months 3 weeks 5 days 8 hours ago) and read 9229 times:

And where the devil is Superfly?

 Smile

Quoting B727 (Reply 1):
I hope both Saab and Volvo do well thru the sales.

Maybe a merger or close ties between the two? Involvement of the Swedish government? Considering Scandinavians know a thing or two about sound economic policy and efficient government intervention, I would be quite pleased to see Swedish authorities brokering a deal, perhaps with a Japanese or European counterpart?

Indeed, Swedish car manufacturers, and Volvo in particular, have very appealing ranges of high-quality products. Fingers crossed.


User currently offlinePPVRA From Brazil, joined Nov 2004, 8964 posts, RR: 39
Reply 12, posted (5 years 9 months 3 weeks 5 days 8 hours ago) and read 9215 times:

Economy in the crapper, probably for a while, and tight credit markets. . .

Anyone want to buy a car company?





Not me! Unless I get a bailout.



"If goods do not cross borders, soldiers will" - Frederic Bastiat
User currently offlineSuperfly From Thailand, joined May 2000, 39887 posts, RR: 74
Reply 13, posted (5 years 9 months 3 weeks 5 days 8 hours ago) and read 9213 times:

GM needs to kill the Hummer brand.
That is nothing but a money pit. A total redundant brand of stupid useless vehicles.
Not sure how much of a benefit would be of selling off Saab versus keeping them.



Bring back the Concorde
User currently offlineWunalaYann From Australia, joined Mar 2005, 2839 posts, RR: 25
Reply 14, posted (5 years 9 months 3 weeks 5 days 8 hours ago) and read 9209 times:



Quoting Superfly (Reply 13):
Not sure how much of a benefit would be of selling off Saab versus keeping them.

Don't they make a bunch of fuel-guzzling, GHG emissions-fanning, overweight, oversized, overpowered boxes of steel?  Smile


User currently offlineSuperfly From Thailand, joined May 2000, 39887 posts, RR: 74
Reply 15, posted (5 years 9 months 3 weeks 5 days 8 hours ago) and read 9200 times:



Quoting WunalaYann (Reply 14):
Don't they make a bunch of fuel-guzzling, GHG emissions-fanning, overweight, oversized, overpowered boxes of steel?

Hmmm, Saab makes some fuel-guzzling, GHG emissions-fanning underpowered heaps of plastic.

Saab 9-3
280 hp @ 5000 rpm and only gets 15/24 mpg

Saab 9-7X Aero
390HP and only gets 12/16 mpg

That said, yes GM should dump this brand.  wave 

Honestly I could care less.
I never liked Saab, even during their classic era 1970s & 1980s), I found their styling awkward, loud, high-reving under-powered noise makers.

Volvo on teh other had great styling with their brick shaped diesel wagons.
Too bad those are long gone.  Sad



Bring back the Concorde
User currently offlineStasisLAX From United States of America, joined Jul 2007, 3283 posts, RR: 6
Reply 16, posted (5 years 9 months 3 weeks 5 days 6 hours ago) and read 9172 times:

Quoting Superfly (Reply 15):
Hmmm, Saab makes some fuel-guzzling, GHG emissions-fanning underpowered heaps of plastic.

I think the biggest problem with Saab is that it only sells approximately 130,000 units worldwide. And only several thousand in Germany. That's because no one in Europe really respects and thus desires Saab cars. It lacks prestige.

Saab has had alot of warranty repair problems that affect its bottom line. And their line-up of cars is kinda boring - everything is based off an Opel/Vauxhall platform so its car have very little of Saab previously quirky and sporty personality. GM should really unload Saab and maybe a receptive new owner can bring back its old fun image - if the current global economic problems doesn't entirely kill off the Saab brand.

[Edited 2008-12-01 23:20:34]

[Edited 2008-12-01 23:21:06]


"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety!" B.Franklin
User currently offlineSuperfly From Thailand, joined May 2000, 39887 posts, RR: 74
Reply 17, posted (5 years 9 months 3 weeks 5 days 4 hours ago) and read 9145 times:



Quoting StasisLAX (Reply 16):
I think the biggest problem with Saab is that it only sells approximately 130,000 units worldwide. And only several thousand in Germany.

So id the USA their best selling market?



Bring back the Concorde
User currently offlineStasisLAX From United States of America, joined Jul 2007, 3283 posts, RR: 6
Reply 18, posted (5 years 9 months 3 weeks 5 days 4 hours ago) and read 9141 times:



Quoting Superfly (Reply 17):
So id the USA their best selling market?

Fly, I believe that I read that Saab's sales in the U.S. and its home markets are approximately the same - 35,0000 to 40,000 units or so each. I can't find the exact breakdown for Saab sales by national market anywhere on the internets.



"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety!" B.Franklin
User currently offlineDoona From Sweden, joined Feb 2005, 3771 posts, RR: 13
Reply 19, posted (5 years 9 months 3 weeks 5 days 3 hours ago) and read 9138 times:



Quoting JoshSixtySeven (Reply 3):
The interior resembled something knocked up by a group of toddlers.

This just give me a disturbing mental image...  silly 

Quoting StasisLAX (Reply 16):
That's because no one in Europe really respects and thus desires Saab cars. It lacks prestige.

Right on the money. And it's strange, I think the latest range of SAABs are pretty cool, and I've always loved the brand. Too anonymous, perhaps. And it's like they say on Top Gear, SAABs are for nice people. Architechts and the like.

But there is something about a SAAB, everyone I know who has one (regardless of year or model) absolutely loves it. And I mean love-it-so-much-they-would-make-love-to-it-if-the-exhaust-pipe-were-more-comfortable-love-it.

Cheers
Mats



Sure, we're concerned for our lives. Just not as concerned as saving 9 bucks on a roundtrip to Ft. Myers.
User currently offlineACDC8 From Canada, joined Mar 2005, 7642 posts, RR: 35
Reply 20, posted (5 years 9 months 3 weeks 5 days 2 hours ago) and read 9121 times:

I'll always have a special place for Swedish cars. My very first car was a 1977 Volvo 244DL. It had copper paint on top and black on the bottom, so it looked like a big Duracell battery on wheels ...  Silly

I think Ford did an OK job with Volvo in recent years, most models really appeal to me. I haven't driven one since my rock solid 244, so I can't comment on build and quality.



A Grumpy German Is A Sauerkraut
User currently offlineKiwiRob From New Zealand, joined Jun 2005, 7417 posts, RR: 5
Reply 21, posted (5 years 9 months 3 weeks 5 days 2 hours ago) and read 9110 times:



Quoting StasisLAX (Reply 7):
The Volvo Group is NOT interested in buying the Volvo auto business back as they want to continue to focus on their trucks and commercial vehicles business.

I disagree, from what I understand a lot of the senior management were upset when Volvo sold of the car division, it was not a popular decision. I wouldn't mind betting that if Volvo AB could purchase back Volvo Auto at a knock down price with no debt they would. The current range of Volvo cars are good, all are fairly new designs and replacements for the XC90 and S60 are due next year, I'd say Volvo Auto has a good future once free of bumbling Ford.


User currently offlineAlessandro From , joined Dec 1969, posts, RR:
Reply 22, posted (5 years 9 months 3 weeks 4 days 21 hours ago) and read 9049 times:

40-series was made together with Mitshibshi, so it´s basically a bland car.
I think Ford made a good buy when they bought Volvo, I feel more sorry that Renault´s earlier offer was declined by the shareholders, it would been much better for Volvo.
Personally I think both brands are doomed, especially SAAB, GM has lost money throu out the ownership of the brand, even when they had a 50% stake and the Wallenberg group had the other half.
Perhaps a buyer for Volvo cars can make money building cars in Kaliningrad tax-free zone for
the Russian market otherwise I see no takers.
The current Swedish government don´t want to act at all.


User currently offlineDXing From , joined Dec 1969, posts, RR:
Reply 23, posted (5 years 9 months 3 weeks 4 days 21 hours ago) and read 9030 times:



Quoting Superfly (Reply 13):
A total redundant brand of stupid useless vehicles.

I would disagree about the H1 which is the civilian version of the military vehicle. H2 and H3 are based on pickup truck frames so yeah, they can go.

The big three can try and remake themselves as much as they want but it won't really matter. Not after 30+ years of "every other country makes better cars and Detroit iron is junk" from our own press corp. The image is pretty much sealed. It's going to take more than reorganizing and the dropping or selling of brands to make the big 3 profitable. It's going to take an honest look by a sometimes dishonest press corp.


User currently offlineSuperfly From Thailand, joined May 2000, 39887 posts, RR: 74
Reply 24, posted (5 years 9 months 3 weeks 4 days 19 hours ago) and read 8986 times:



Quoting DXing (Reply 23):
I would disagree about the H1.....

Which is no longer available.
Since the H1 is gone, there is really no reason for the Hummer brand to exist.
Chevrolet and GMC already fills that market.



Bring back the Concorde
25 DXing : That's true but they could bring it back and they should. I'd think about buying one.
26 OlegShv : Two months ago I bought a preowned 2006 9-3 2.0T - absolutely love this car. It's the right size, quiet (quieter than and Acura TSX that I test drove
27 Superfly : I am sure you can pick one up used for less than half of what they cost new with low miles. I am sure there are plenty showing up at repo auto auctio
28 KiwiRob : but not the current S40 V50 which utilises the Ford C1 platform.
29 Post contains links StasisLAX : The Volvo Group's chairman has already stated publicly that they won't buy Volvo Cars back. "Sweden’s Volvo Group — which builds trucks, buses, c
30 DXing : Maybe in SF but not out here in Texas. H1's are still pretty pricey even on the used market. It can be a real work horse.
31 WunalaYann : Very good post. And very funny, too. And the seats, mate, the best seats in the industry!!!
32 Type-Rated : But the Hummer does serve a purpose, it props up the egos of people who drive them. It's the Look At Me! crowd. After seeing all those Saab telly comm
33 Superfly : Go to Los Angeles. Plenty of broke rap performers unloading them and lots of them ending up at repo car auctions. Doen't International make an even b
34 Kent350787 : Would SAAB survive without GM, unless it was with another car maker? The 9-5 is the only model built on a SAAB developed platform, and that platform i
35 SAAB900 : I suppose your entitled to your opinion, but to be honest most Americans couldn't produce a decent car to save their lives!..Go on burn me Im waiting
36 StasisLAX : And that's about where Saab's popularity in the marketplace ended. When I was in college in the 1980's, I used to see Saabs around campus all the tim
37 Superfly : Seeing that your user name is Saab900, it's obvious you love the brand and the cars they put out. You are entitled to your opinion just as I am. I am
38 SAAB900 : Yes I do love the brand. There are a lot of people out there that do, I think you'll agree that Saab owners are some of the most loyal owners that th
39 Boeing74741R : And which forward-thinking company would want such a brand in their company portfolio? Even though the model is ageing, it is a very good car. My dad
40 OlegShv : The new generation 9-5 was supposed to be presented next year. The new generation 9-3 was expected in 2010-11, i believe. Who knows what will happen
41 Type-Rated : Now I wouldn't mind owning an old Saab 96 just for the strangeness of it all, 2 stoke engine, aerodynamic styling, etc. These are from an era when a S
42 Alessandro : The 9000 was a very good car, designed together with Lancia, another small european brand. I think it would make sense if Lancia (owned by FIAT nowad
43 Superfly : That is why I was very delicate in responding to you. I knew a guy who's nickname was the same as your user name, SAAB900. He loved his Saab900. It w
44 Asuflyer05 : When I was selling Hondas, I had a guy trade in a 9-6 on an Accord LX. I took him for a drive in the car and he couldn't get over how much tighter th
45 Superfly : That's because it IS a Chevy Trailblazer and GMC Envoy. No need for a 3rd. version of this. Wont happen. Put in a luxury interior, owners wont take i
46 Post contains images Dazbo5 : Totally agree with you. I have a 2007 Saab 9-3 Vector Sport that I got new 18 months ago and there's loads of rattles, shakes and squeeks that have d
47 Francoflier : The most attractive part of a Saab has always been that very few of them are around, it's kind of the underdog of the luxury/performance sedans. They
48 Baroque : If the Swedes play their cards right, it could be another Alan Bond - Kerry Packer moment. Packer sold Bond a TV station for a zillion or three, and
49 VC10 : Back in the 1990s I owned a SAAB 9000 and was quite pleased with it from all aspects well perhaps not fuel economy but I knew that was going to be poo
50 Post contains links OlegShv : Do you want me to piss all over Accord's "reliability"? Here you go: http://www.carcomplaints.com/Honda/Accord/2003/
51 Post contains images SAS A340 : We will miss them,please stay!
52 LH526 : 1.000% agree! The 1980s Saab 900 was a tank! As was the Saab 9000 up to the CS version .. when GM took over, it all went downhill .... cheaper matier
53 Post contains images Asuflyer05 : Thanks. You provided evidence from one model year where they issues with a new transmission that went into the Accord, TL and Odyssey. Saab still car
54 Superfly : Wow, those numbers are shocking. I am sure many people bought Volkswagen, Isuzu, Volvo, Nissan, Audi, Mazda, Mercedes and Saab thinking they were buy
55 StasisLAX : I bought my 2004 VW Jetta GLS 1.8T thinking that it would be a fine sports sedan featuring excellent German engineering and thus reliable. Long story
56 Superfly : The 1981 VW Rabbit diesel I owned ran great as long as it didn't rain. Otherwise it wouldn't start and sometimes it would just stall when it got wate
57 Asuflyer05 : The newer Jags are better. But we've had to get involved in two XF buybacks. Land Rover is not surprising at all. I love those things, but man alive,
58 Superfly : My sister owned a brand new one and returned if after owning it for less than 6 months. It left her stranded 3 times. Luckily all repairs were covere
59 Petertenthije : Could Volvo be interesting for the Renault group? Renault does not really have a premium brand in their line-up, and they already supply (supplied?) V
60 Post contains links OlegShv : http://www.thetruthaboutcars.com/jd-...ability-survey-stuff-and-nonsense/
61 Alessandro : They wanted to do that in 1993, but the shareholders said no. Today they make better cars than Volvo I think and don´t need the company anymore.
62 Mham001 : " target=_blank>http://www.thetruthaboutcars.com/jd-...ense/ It's all relative though. As long as they are complaining about fogged windows in all br
63 Post contains links StasisLAX : And here come the automakers from China to take Volvo off of Ford Motor Company's hands... "Volvo recently laid-off more than 2,700 employees and conf
64 Alessandro : SAAB, yes dead, Volvo, no. GM spent loads of money on SAAB, Ford made a lot from Volvo until recently. Shame that Renault deal didn´t go throu in 19
65 VC10 : I have owned a Land Rover Freelander for over 3 years now and have only had one problem with it and that is the electric fuel pump that comes with the
66 JJJ : Infiniti. Just landed in Europe.
67 MAH4546 : JD Power's rankings are worthless and of little to no value, especially the initial quality surveys. They are highly self-selective in terms of who a
68 Superfly : I've been following the JD Power rankings pretty close for almost 10 years now and they seem pretty consistent. Keep in mind, Cadillac and BMW routin
69 MAH4546 : The numbers don't lie, but the collection of the statistics is severely flawed. And I had a '95 Discovery and a '99 Discovery and both ran flawlessly
70 Superfly : Not sure if my 73 year old aunt mailed in a complaint card when her 4 month old Mercedes E320 left her stranded on the 405 during rush hour down in L
71 Post contains links MAH4546 : It's nothing new. It's been like this for ages, and there was uproar about it in the past, especially with German car makers and complaints over cuph
72 Post contains images Andaman : As a little kid I thought Saab 96 was the coolest car ever! In 1970-80s Finland was very much a Saab country, also the Finnish police had Saabs (Saab
73 Superfly : They're asking me to sign up to get any information out of them. News outlets are all saying that GM & Ford have great reliability but their image is
74 MAH4546 : Yes, but the company is a not for profit organization. They do not sell advertising in their magazine, they do not allow car manufactures to give the
75 Mham001 : Apparently Suzuki owners do complain about radio knobs or something because they are ranked second-to-last.
76 StasisLAX : BUT - my Japanese-built SX4 Sport had been bulletproof. It's the Daewoo-built Suzuki Verona, Forenza, and Reno (that GM forced Suzuki to sell) are th
77 MAH4546 : That's what happens when you re-badge Daewoos.
78 JJJ : Careful! That thing is half Italian
79 Jetstar : I have been a subscriber to Consumer Reports for a long time. In their auto tests they tell it like it is, even to a point of being sued by some car
80 Flighty : For GM, "considering" is strong language. Until today, they were not "considering" bankruptcy. This despite the fact they already said they would col
81 Post contains links StasisLAX : Unlike the mindless politics that take place in the U.S. Senate, the government of Sweden has approved a $3.5 Billion bail-out of the Swedish auto ind
82 Post contains links StasisLAX : Ford is officially in advanced talks to sell Volvo to the Chinese! "Ford is currently in talks with China’s Geely about the possible sale of Volvo.
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