One of the most profound effects of Ford Motor Co.'s purchase of AB Volvo's car operations likely will happen outside automotive boundaries — in the trucking industry. That's because Volvo, now stocked with the $6.4 billion Ford paid for its car division, is on the prowl for commercial vehicle acquisitions. Analysts believe the Sweden-based company might have enough cash to strike deals in both Europe and North America. Volvo, which last month paid $647 million for a 12.85% stake in Scania ...
Premium Content (PAID Subscription Required)
"Volvo's Turn to Shop" 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:
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!
Current subscribers, please login or CLICK for support information.