Renault to buy over Volvo?

Renault to buy over Volvo?

Ford is in discussion with Renault on selling off its stake in Volvo

OneShift Editorial Team
OneShift Editorial Team
01 Jul 2008

As Ford reportedly prepares to offload Volvo and dismantle the last remaining vestiges of its once proud Premier Automotive Group, reports indicate that discussions were, once again, held with Renault.

The French automaker was tipped as a potential buyer when Jaguar was on the table, expressing interest in acquiring a luxury brand [I](and evidently forgetting it had Infiniti up its sleeve)[/I].

Along with Chinese automakers, Renault has reportedly been in on-again, off-again discussions with Ford over the sale of Volvo as well - though Ford insists that its Swedish subsidiary is not up for sale.

Credits:

International News
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