Volvo Will not Follow Aston, Jaguar, Land Rover
After recording a loss of $ 12.7 billion last year, the Ford Motor company is looking at every possible solution to encourage their financial rope boxes. Earlier this year, the company has already sold the Aston Martin brand of ultra-luxury to a consortium led by David Richards of the head of the Formula 1 team. Earlier this month, the British Jaguar and Land Rover brands of two were placed on the auction block by the manufacturer of Dearborn-based car.
While the Jaguar and Land Rover are being auctioned off and Ford claim that the Swedish brand Volvo will not be sold alongside the British brands. In fact, the company said that Volvo is not for sale anytime soon.
The announcement came at the launch of the manufacture of the Ford Taurus. Senior? s of? Volvo indicated that the company is an integral part of the operation? s of? Ford now selling it for cash will not be immediately beneficial to the car manufacturer.
the? Volvo's? â is pretty integrated into the president? s of? Ford now on? of? â said the areas of brand, Ford of the Americas. The fields are now directing the return of the plan that Ford is pushing through to bring the company back to profitability. Before being charged with that, took the areas of the premier automotive group (PAG). The PAG is the collection of brands of European cars purchased by Ford over the years. With their restriction as the head of PAG, the fields know what brand / s is / are beneficial to the company at this point in time.
Eighty per cent of Aston Martin was sold earlier this year to $ 848 million as part of the plan's return? s of? Ford named the way forward. Apart from selling Aston Martin, and auctioning the Land Rover and Jaguar, the way forward includes the plain of closed plants and reduced the workforce. The company announced that the plan involves the return of the closed assembly 16 of the plain, the elimination of 44,000 jobs and revitalize the badges of Ford, Mercury and Lincoln.
The CEO Alan Mulally's? s of? Ford said the review of the two brands that are auctioned off will be completed soon. According to experts, the two British brands can bring a price as high as $ 8 billion.
As for Volvo, said the fields have been integrated into the company's Swedish operations based Ford. The integration of foreign brand Ford is an effort to remake the image of Ford to make it a leader in car security. It is known that the vehicles with their Volvo car parts Volvo cars are among the safest in the world. With the collaboration between Volvo and other brands under FoMoCo, is promoting safety.
This integration is evident in the design of the new Ford Taurus. Ford leads the inspiration and assistance sought from the Swedish brand to make a car insurance tauro. The result of the collaboration made a distinction tauro top of the range of safety insurance institute for road safety. For a vehicle to achieve that distinction, you need to fix grades? of? of the good? of? â opposite side, and protection of the collapse of the rear. The Ford Taurus scored grades? of? of the good? of? â all evidence of collapse. The construction of the car safely? of? Taurus is made possible by the presence of integrated areas of the crowd in the car. These areas of collapse are also being used by Volvo vehicles. Get Low Cost Car Insurance For Life
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