Ford Motor Co.'s purchase of Volvo Cars for $6.45 billion could face more than just the hurdle of Volvo shareholders, who will decide whether to approve the deal March 15. Insiders at both Volvo and Ford concede there is a real risk that other automakers could step in and trump Ford's bid, driving the price of the Swedish automaker even higher. “There is a risk that that can happen until it is closed,” John M. Devine, Ford's chief financial officer, tells Ward's. “I think you'll find us ...

Premium Content (PAID Subscription Required)

"Ford's Volvo Offer May Face Challenges" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.