Ford selling Volvo to Geely?

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trabitom99
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Ford selling Volvo to Geely?

Post by trabitom99 » 22 Dec 2009 03:04 pm

It looks like Volvo may be changing hands soon:
Ford Motor is set to announce further progress in the next few days on talks to sell its Swedish Volvo brand to China's Zhejiang Geely Holding Group.

Ford said yesterday that "both sides are working together in hopes of reaching an agreement". Ford named Geely in October as its preferred bidder for Volvo.
http://www.ft.com/cms/s/0/7087b04e-ee99 ... ck_check=1

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Tom
343 GL Touring B14.1E CVT (155) 98000kms 1980 (sold)
343 L Junior B14.3E MT4 (155) 229000kms 1981 (scrapped)
343 DLS B19A MT4 (155) 167900kms 1982
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jtbo
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Re: Ford selling Volvo to Geely?

Post by jtbo » 22 Dec 2009 03:17 pm

Maybe they start to produce again parts for 300 series too, Chinese part is better than no part at all :P
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trabitom99
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Re: Ford selling Volvo to Geely?

Post by trabitom99 » 22 Dec 2009 03:36 pm

That's right, always good to see the positive side of things ;-)

Tom
343 GL Touring B14.1E CVT (155) 98000kms 1980 (sold)
343 L Junior B14.3E MT4 (155) 229000kms 1981 (scrapped)
343 DLS B19A MT4 (155) 167900kms 1982
360 GL Injection B200F MT5 (231) 348598kms 1988 (scrapped)
360 GLT B200F MT5 (302) 226000kms 1988

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Re: Ford selling Volvo to Geely?

Post by Chris_C » 22 Dec 2009 06:28 pm

Christ.... an entire squadron of flying pigs just went over head
'89(F) 340 GL F7R (ex B172k) - Fake -> SBKV 300 Runner Up 08, 12 - NASLR Time 15.7secs
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Re: Ford selling Volvo to Geely?

Post by SteveP » 22 Dec 2009 06:54 pm

Yeah, it's not like Volvo have been producing cars that are worth buying for the last few years... :wink:
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Re: Ford selling Volvo to Geely?

Post by macplaxton » 22 Dec 2009 07:17 pm

TAXI!
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Re: Ford selling Volvo to Geely?

Post by jtbo » 23 Dec 2009 02:05 am

Volvo has Japanese engine, powered by Yamaha. Chinese and Japanese are not best what comes to co-operation. What will happen to XC90 V8?
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Re: Ford selling Volvo to Geely?

Post by nomead » 23 Dec 2009 06:17 am

It's better to be sold as a complete company, than to share the fate of Saab... some Saab technologies are now getting sold piecemeal to China while the rest of the company is still, kind of, on sale. Also remember that some Volvo models (S40, S80) are already manufactured in China for the local market, which is growing at a scary rate. Though they're built at Chang'an Motors, not Geely. Volvo is also a much healthier unit to sell than Saab. It still has its own development, while the Saabs have mostly been rebadged Opels lately. Although the new Volvos share platforms with Ford models (Focus, Mondeo) the main components are still mostly Volvo-designed, and the engines and gearboxes are mostly still made in Skövde, Sweden, because that site (Volvo Powertrain AB) was never part of the sale to Ford.

It remains to be seen, though, what all this means to the classic parts availability in the long term.
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Re: Ford selling Volvo to Geely?

Post by Stealth » 23 Dec 2009 09:18 am

Who watched this on Top Gear
http://www.autoblog.com/2009/12/21/vide ... sses-enzo/
With a VOLVO engine :D :D :D
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Re: Ford selling Volvo to Geely?

Post by whiskeyonesix » 23 Dec 2009 10:32 am

4.4 litre Turbo'd V8..........

Imagine sticking that in yer 360 :) 3 seconds of StarWars Hyperspace-esque acceleration, followed by complete and total drivetrain expiry (shortly before total driver expiry I imagine :) )
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Re: Ford selling Volvo to Geely?

Post by volvosneverdie » 23 Dec 2009 10:38 am

whiskeyonesix wrote:4.4 litre Turbo'd V8..........

Imagine sticking that in yer 360 :) 3 seconds of StarWars Hyperspace-esque acceleration, followed by complete and total drivetrain expiry (shortly before total driver expiry I imagine :) )
Be a good 3 seconds though!
Bet you it could outrun an imperial star destroyer/do the Kessel run in a small amount of parsecs.
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Re: Ford selling Volvo to Geely?

Post by whiskeyonesix » 23 Dec 2009 12:54 pm

0-12 Parsecs in 3 Aaarghs :)

That's no small moon etc.
MKIII 360GLT Aus-spec B200EA 239K
Mods: custom paint fade
New Cylinder head.
Auxilary cooling fan.
195/60/14 Pyonghung Ditchfinder tyres
Vario Vents FTW

G8 4 DRFTN etc....

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Re: Ford selling Volvo to Geely?

Post by trabitom99 » 23 Dec 2009 01:26 pm

nomead wrote:It's better to be sold as a complete company, than to share the fate of Saab... some Saab technologies are now getting sold piecemeal to China while the rest of the company is still, kind of, on sale. Also remember that some Volvo models (S40, S80) are already manufactured in China for the local market, which is growing at a scary rate. Though they're built at Chang'an Motors, not Geely. Volvo is also a much healthier unit to sell than Saab. It still has its own development, while the Saabs have mostly been rebadged Opels lately. Although the new Volvos share platforms with Ford models (Focus, Mondeo) the main components are still mostly Volvo-designed, and the engines and gearboxes are mostly still made in Skövde, Sweden, because that site (Volvo Powertrain AB) was never part of the sale to Ford.

It remains to be seen, though, what all this means to the classic parts availability in the long term.
Someone in a German forum posted "So what? We buried Volvo in 1999, what do I care if they move the coffin to another grave" :?

Tom
343 GL Touring B14.1E CVT (155) 98000kms 1980 (sold)
343 L Junior B14.3E MT4 (155) 229000kms 1981 (scrapped)
343 DLS B19A MT4 (155) 167900kms 1982
360 GL Injection B200F MT5 (231) 348598kms 1988 (scrapped)
360 GLT B200F MT5 (302) 226000kms 1988

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Tero Huikko
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Re: Ford selling Volvo to Geely?

Post by Tero Huikko » 24 Dec 2009 12:39 am

Well this was confirmed today. China calls.

I did a quick self-searching over this and this might not be such a bad thing after all.
Maybe we see more aggressive models and designs than before.

After all china is where the money's going besides 12 russian oligarks.
Chinese aren't too interested in eco-friendly stuff either.
Main market probably will lean towards american markets more than today.

We'll see what this means. At least Volvo's still a living brand.
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Re: Ford selling Volvo to Geely?

Post by jtbo » 25 Dec 2009 01:29 pm

Maybe they start to compete with Audi or Aston?

This with RWD and ton of V12 turboed HP, roaring exhaust, please. Well it would be much better than what comes out from line now, with small additional changes it would look quite nice, smaller badge, doors more inward, getting rid of stupid windshieldroof combo and such, car when looked from above must look like hourglass or like shape of woman body, that is rule which cannot be broken if designing hot car :mrgreen:
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Volvo 360GL -88 -under restoration-
Volvo 343DL vario -81 -running- Image
Volvo 240 Diesel -83 -undecided-
Citroen ZX Dturbo -97 -daily- ImageImage

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