BMW still interested in Volvo

In May we first reported that BMW was evaluating a possible takeover of Volvo and had even gone so far as to request copies of the Swede’s financial statements in preparation of a rumored bid. Since then, officials from both Volvo and parent company Ford have denied rumors of the sale, including Ford Americas president Mark Fields, who said that Volvo was “too integrated” with the rest of the Ford empire.

The latest twist is that BMW personnel have met with staff from Volvo’s finance department in Gothenburg as revealed to TeknikensVarld magazine by an inside source. The purpose of the meeting is said to have revolved around the release of financial information to BMW so that it could make an accurate offer for the carmaker.
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Designer1 - 7/9/2007 2:34:51 PM

+2 Boost

That is very true, Volvo IS too integrated with Ford, yep. Its so much integrated that they turned it into garbage just like the rest of the Ford's empire.

r_driver04 - 7/13/2007 12:07:55 AM

+2 Boost

Don't be mad that you only got a V6 in your slow ass GS. Next time be a man and buy some real heat.

Larry - 7/9/2007 7:59:26 PM

0 Boost

Buying Volvo good idea for BMW, Alfa Romeo is another company BMW should consider, and Alfa with BMW engineering could make money. BMW will do their homework , learning from the Rover takeover mistakes.

M53R - 7/10/2007 1:53:01 PM

+1 Boost

BMW handling + Volvo safety = Winner.

Thats all I have to say.