Volvo Owners Club Forum - View Single Post - Ford Motor Company Announces it Will Re-evaluate Strategic O

Hathaway · Dec 12th, 2008, 09:55

So this is an interesting situation now, Sweden have loaned large sums of money to Volvo and Saab (http://news.bbc.co.uk/1/hi/business/7777395.stm) but the US government has voted against a bail out for Ford and the two others (http://news.bbc.co.uk/1/hi/business/7778830.stm).
I presume the money for Volvo cannot be transferred to Ford? I would think as a result of this no go in the US Senate that Ford will feel even more pressure now to sell Volvo, and quickly.

Dec 12th, 2008, 09:55	#15
Hathaway Junior Member Last Online: Dec 22nd, 2016 23:21 Join Date: Jul 2007 Location: Andover	So this is an interesting situation now, Sweden have loaned large sums of money to Volvo and Saab (http://news.bbc.co.uk/1/hi/business/7777395.stm) but the US government has voted against a bail out for Ford and the two others (http://news.bbc.co.uk/1/hi/business/7778830.stm). I presume the money for Volvo cannot be transferred to Ford? I would think as a result of this no go in the US Senate that Ford will feel even more pressure now to sell Volvo, and quickly.