Report: Ford, Geely talks over Volvo stumbling

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Although Ford announced late last year that it had reached an agreement to sell its Volvo unit to China's Zhejiang Geely Holding Group Company Limited, a new report out of Sweden suggests that the talks are not going smoothly. The positive signs given earlier have been exaggerated," Joran Hagglund, state secretary at Sweden's ministry for enterprise, [...]
Read More: http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b
 
Although Ford announced late last year that it had reached an agreement to sell its Volvo unit to China's Zhejiang Geely Holding Group Company Limited, a new report out of Sweden suggests that the talks are not going smoothly. The positive signs given earlier have been exaggerated," Joran Hagglund, state secretary at Sweden's ministry for enterprise, [...]
Read More: http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b


Honestly I'd rather they shut down entirely than get sold to China.
 
James Sweet said:
Although Ford announced late last year that it had reached an agreement
to sell its Volvo unit to China's Zhejiang Geely Holding Group Company
Limited, a new report out of Sweden suggests that the talks are not going
smoothly. The positive signs given earlier have been exaggerated," Joran
Hagglund, state secretary at Sweden's ministry for enterprise, [...]
Read More:
http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b


Honestly I'd rather they shut down entirely than get sold to China.

and then where would we get new Volvos?
 
Geoff said:
James Sweet said:
Although Ford announced late last year that it had reached an
agreement to sell its Volvo unit to China's Zhejiang Geely Holding
Group Company Limited, a new report out of Sweden suggests that the
talks are not going smoothly. The positive signs given earlier have
been exaggerated," Joran Hagglund, state secretary at Sweden's
ministry for enterprise, [...]
Read More:
http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b


Honestly I'd rather they shut down entirely than get sold to China.

and then where would we get new Volvos?


They wouldn't really be Volvos anymore IMO. Nothing Volvo has made since
about 1995 has interested me, and I never buy new cars anyway. As long
as I can keep my 240 going I'll be fine.
 
James Sweet said:
Geoff said:
James Sweet said:
[email protected] wrote:
Although Ford announced late last year that it had reached an agreement
to sell its Volvo unit to China's Zhejiang Geely Holding Group Company
Limited, a new report out of Sweden suggests that the talks are not
going smoothly. The positive signs given earlier have been
exaggerated," Joran Hagglund, state secretary at Sweden's ministry for
enterprise, [...]
Read More:
http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b

-----------------------------------
Volvo NewsHub: Latest auto news sourced from websites, portals and
blogs
http://www.carshops247.co.uk/news/Volvo.html


Honestly I'd rather they shut down entirely than get sold to China.

and then where would we get new Volvos?


They wouldn't really be Volvos anymore IMO. Nothing Volvo has made since
about 1995 has interested me, and I never buy new cars anyway. As long as
I can keep my 240 going I'll be fine.

So if we don't buy new cars, why are we concerned about the fate of their
manufacturers?
 
James Sweet said:
Geoff said:
[email protected] wrote:
Although Ford announced late last year that it had reached an
agreement to sell its Volvo unit to China's Zhejiang Geely Holding
Group Company Limited, a new report out of Sweden suggests that the
talks are not going smoothly. The positive signs given earlier have
been exaggerated," Joran Hagglund, state secretary at Sweden's
ministry for enterprise, [...]
Read More:
http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b


-----------------------------------
Volvo NewsHub: Latest auto news sourced from websites, portals and
blogs
http://www.carshops247.co.uk/news/Volvo.html


Honestly I'd rather they shut down entirely than get sold to China.

and then where would we get new Volvos?


They wouldn't really be Volvos anymore IMO. Nothing Volvo has made
since about 1995 has interested me, and I never buy new cars anyway.
As long as I can keep my 240 going I'll be fine.

So if we don't buy new cars, why are we concerned about the fate of
their manufacturers?

We may want to buy a car in 5 years time???


GI7B
 
So if we don't buy new cars, why are we concerned about the fate of their
manufacturers?

Simple: I want to be able to buy spares in 2, 3, 5 years time. I also
like to upgrade/update every few years.

In 2-4 years time I'll be looking to upgrade, I kind of have my eye on
the 2010 diesel XC70. But if, at that point, the spare parts will be
made from Chinese potmetal and break-after-3-weeks plastics, well, I
dunno. I truly love driving the marque, but I won't make a fool of
myself.

No, not overstating the case. To wit: we bought a China made Bosch
washing machine (unbeknownst to us, ordered from the catalogue in the
shop, we thought we were buying German) and the plastic started to break
up within a fortnight, not just ours but also a friend's who bought the
same model). One notes that Bosch no longer sells washing machines made
in China in this country at least.

I'd be prepared to buy a new car, but the depreciation of new Volvos is
just too high, at least here in NZ: you're losing 50% in the first 2
years.
That's a lot of money. I can't quite afford to chuck 50 grand out of the
window. The 6-year old hasn't lost a cent in value over the last year.

-P.
 
So if we don't buy new cars, why are we concerned about the fate of
their manufacturers?


All cars start out new at some point. I'll let some other sucker pay the
depreciation, but realistically I'll have to buy a newer car at some
point, it's only a matter of time before somebody hits mine or critical
parts start to get too hard to find.

It's also just sad to see a unique company I've been loyal to become
just another brand name. The same thing happened to Saab, they built a
fantastic and very unique product up until the early 90s at which point
GM trashed them and recently left for dead. There is so much of that
these days, just look at all the famous 70s hi-fi names that are now
simply brands slapped on cheap Chinese junk. It used to be a brand meant
something, you could buy brand X and know what you were getting, these
days brands are nothing but marketing, hollow names slapped onto
products produced by the lowest bidder. You might buy one today that is
excellent, then buy another next month of the same brand and model only
to find it falls apart. I know that China is capable of building good
stuff, but the quality control and consistency are terrible. There are
so many products that are just utter garbage that flat out don't live up
to claims and you can rarely tell until you've bought it.
 
James said:
Geoff said:
James Sweet said:
[email protected] wrote:
Although Ford announced late last year that it had reached an
agreement to sell its Volvo unit to China's Zhejiang Geely Holding
Group Company Limited, a new report out of Sweden suggests that the
talks are not going smoothly. The positive signs given earlier have
been exaggerated," Joran Hagglund, state secretary at Sweden's
ministry for enterprise, [...]
Read More:
http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b


-----------------------------------
Volvo NewsHub: Latest auto news sourced from websites, portals and
blogs
http://www.carshops247.co.uk/news/Volvo.html


Honestly I'd rather they shut down entirely than get sold to China.

and then where would we get new Volvos?


They wouldn't really be Volvos anymore IMO. Nothing Volvo has made since
about 1995 has interested me, and I never buy new cars anyway. As long
as I can keep my 240 going I'll be fine.


The V40 has just enough of a hint of the P1800ES about it (but not
as much as the 480ES had) to make me look at it. Just look.
 
Leftie said:
James said:
Geoff said:
[email protected] wrote:
Although Ford announced late last year that it had reached an
agreement to sell its Volvo unit to China's Zhejiang Geely Holding
Group Company Limited, a new report out of Sweden suggests that the
talks are not going smoothly. The positive signs given earlier have
been exaggerated," Joran Hagglund, state secretary at Sweden's
ministry for enterprise, [...]
Read More:
http://feeds.leftlanenews.com/click.phdo?i=afcb30ccb9516c39aeca6fe54a47a87b

-----------------------------------
Volvo NewsHub: Latest auto news sourced from websites, portals and
blogs
http://www.carshops247.co.uk/news/Volvo.html


Honestly I'd rather they shut down entirely than get sold to China.

and then where would we get new Volvos?


They wouldn't really be Volvos anymore IMO. Nothing Volvo has made since
about 1995 has interested me, and I never buy new cars anyway. As long
as I can keep my 240 going I'll be fine.

The V40 has just enough of a hint of the P1800ES about it (but not
as much as the 480ES had) to make me look at it. Just look.

I've had my '98 UK V40 2.0i for just coming up four years and must admit
I am beginning to like it ...
 
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