Ford considers selling Volvo Cars business: source
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Ford Motor Co. is considering selling its Volvo Cars business as it assesses the future of its European operations, a source familiar with the matter said on Sunday.
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With its recent decision to entertain bids for Volvo, Ford appears to be dismantling the collection of luxury auto companies that it once assembled with such confidence.
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Cash-strapped Ford Motor Co. took a step yesterday toward selling its Jaguar and Land Rover units when it received an undisclosed number of opening bids for the British automaking businesses.
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Loss-making Ford Motor Co.  is planning to sell Swedish car maker Volvo  and German carmaker BMW  could be a possible buyer, a Swedish newspaper said on Monday.
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Ford Motor Co  is not in  discussions with BMW or any other company regarding the sale of  its Swedish unit Volvo, the automaker said on Tuesday.
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Ford Motor Co.  had preliminary  talks with Cerberus Capital Management about selling Cerberus  its Jaguar and Land Rover brands, but the discussions have been  inconclusive, according to a report on the website of The Wall  Street Journal.
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Ford Motor Co will consider adding  production capacity in Russia to meet rising demand in Europe's  fastest-growing major market, the head of the automaker's  European operations said on Wednesday.
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Ford Motor Co. (FN: Quote, Profile, Research) said on Monday it would offer Sirius satellite radio in more vehicles, as Sirius fights to catch up with industry leader XM Satellite Radio Holdings Inc.
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Automaker Ford Motor  may sell Land  Rover, a maker of four-wheel-drive vehicles, along with Jaguar,  as part of a shake-up of its British brands, The Sunday Times  newspaper reported.
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Ford Motor Co.  said on Thursday the automaker's chief marketing officer and nonexecutive chairman of Volvo Cars, Hans-Olov Olsson, will retire effective January 1, 2007.
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Ford Motor Co  needs a new business  model and may turn to outside executives and alliances with  other carmakers, according to a Financial Times report on  Sunday citing a memo it said was sent to staff by chairman and  chief executive Bill Ford.
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World number two truck maker Volvo  is selling its 28.7 percent stake in U.S. truck stop chain Petro Stopping Centers, yielding a capital gain of $46.3 million.
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U.S. carmaker Ford  on Thursday dismissed a media report saying it was considering building a new assembly plant in Slovakia.
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Swedish truck maker Volvo AB may stop expanding in Sweden and instead steer new investments in production capacity to the United States, the company's chief executive said Monday.
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DETROIT -- Ford Motor Co. said Thursday it is exploring the possible sale of all or part of its Aston Martin luxury sports car brand as the company works to free up cash to pay for its North American turnaround plan.
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The head of British luxury automaker Jaguar hopes to find a buyer soon after ailing US auto giant Ford Motor Corp. put the firm up for sale, a report said Wednesday.
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DETROIT -- Ford Motor Co.'s board of directors began a two-day meeting yesterday to contemplate a plan that could have the ailing automaker slash jobs and reduce factories further and faster in its quest to revive profits.