Volvo might be sold to BMW
Market sources say that Ford is considering plans to sell their Volvo division to BMW to raise cash.
Reports are coming out claiming that the two companies have had preliminary talks for a possible deal.
BMW has on the other hand stated that no such talks have taken place.
Ford is not the only US based automaker to be struggling in the current times.
GM and Chrysler are said to be in talks for a possible deal that might include potential merger talks.
It remains to be seen how the three auto giants of the US market survive in these tough times.
|
TechWhack on Facebook
|
This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.