Volvo Trucks doesn’t want Volvo Cars if Ford sells
Ford Motor Co has announced that it is considering selling its Volvo Cars marque, but a review of its current options would take several months to complete. Volvo itself is currently undergoing a restructuring plan under its new CEO Stephen Odell.
It was previously speculated that the Swedish government may be interested, but what about Volvo (the industrial group whose businesses include making Volvo trucks) themselves? Volvo sold Volvo Cars to Ford in 1999. But it seems that they’re not interested in revisiting the past. They’ve come out and said that they “absolutely do not want to buy Volvo Cars”, quoted verbatim from their chairman Finn Johnsson in a report from Swedish financial daily Dagens Industri.
However Volvo has stated they would gladly gladly finance joint projects such as sponsor projects or R&D projects, and could consider being part of various consortiums without actually being the main owner.
They’ve also publicly opposed calls for the Swedish government to take over Volvo because according to them, the government knows nothing about the car industry and Volvo needs a owner that has the ability to work on increasing sales and cooperate with suppliers on components and development.
Johnsson suggested Renault as a good potential owner.


American sketch comedy show Saturday Night Live did a satire skit on the Detroit 3 and their request for a federal bail-out which involved the heads of all three American auto companies on a panel - Rick Wagoner, Robert Nardelli and Allan Mulally.
Another one of the big 3 is dumping their stocks in other car brands in order to stay afloat. This time it’s Ford will be reducing their 33.4% stake in Mazda to just slightly over 13%. Part of the stake will be bought back by Mazda and the rest by a group of Mazda’s business partners at a price of 184 yen per share. The “business partners” have not been named but some of them are rumoured to be Sumitomo, Itochu, Tokio Marine Holdings and Denso.
The 6-speed Powershift transmission out-cogs all of its competitiors, with the Civic having a 5-speed slush-box and the Altis having only a 4-speed auto.
While its just fairly rapid at 9.6 seconds to 100km/h (the Civic 2.0 does it in 9.2 seconds), Ford claims a potential fuel economy of just 5.8 liters of diesel (B5 biodiesel capable) every 100km, which could definitely be achievable thanks to a large amount of torque kicking in so early and the 6-speed twin clutch shifting quick and having plenty of ratios to keep the engine in its most economical operating range.
I just caught the latest installment in the James Bond universe - the Quantum of Solace over the weekend. I’m abit disappointed that the sexy Aston Martin DBS did not get much screentime other than an initial heated car chase scene.




