Thread: Car Talk
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addison
Formerly “AWM”
 
Join Date: May 2009
 
2009-12-23, 18:13

Why do people assume Geely will somehow ruin Volvo just because they are Chinese? As for Ford, they had to sell. They have a crushing debt burden and the $2.8 billion (they paid $6.5B I think) is needed to pay some of it down. Remember, just because they didn't take a bailout doesn't mean they are in good shape. Like Land Rover and Jaguar, Volvo was a bad investment for them. Time to focus on the core business.

As for Lincoln, they can compete if they try. This concept is pretty interesting.....

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