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-   -   Chineese Automaker Geely to purchase Volvo (http://www.tristatetuners.com/forum/showthread.php?t=92166)

FocusDude 12-25-2009 11:39 AM

Chineese Automaker Geely to purchase Volvo
 
http://www.reuters.com/article/idUSTRE5BM0WO20091224
Quote:

BEIJING/DETROIT (Reuters) - Ford Motor Co (F.N) said on Wednesday it is nearing an agreement to sell its Volvo Swedish cars unit to China's Geely in a deal that underscores China's arrival as a major force in the global auto industry.
The is tragic is to many ways.

OutToWinPAHC 12-25-2009 11:58 AM

Were screwed.

Slick 87 12-25-2009 02:42 PM

I will never buy a Chinese car. look at this safety engineering.

http://www.youtube.com/watch?v=g5SRy...eature=related

mckpat03 12-25-2009 05:26 PM

Yeah, I'll probably never even consider a Volvo after this because I'm sure they'll take one of the safest available brands and completely change the vehicles to do away with all safety related components.:roll:

Z31Fanatic 12-25-2009 09:05 PM

Who caress? Volvo sells poorly here anyway.

OutToWinPAHC 12-25-2009 10:15 PM

Quote:

Originally Posted by Z31Fanatic (Post 1603061)
Who caress? Volvo sells poorly here anyway.

Except for those things called 18 wheelers.. Volvo and Mack truck.

MPowerKai 12-26-2009 10:04 AM

Quote:

Originally Posted by Z31Fanatic (Post 1603061)
Who caress? Volvo sells poorly here anyway.

Depends where you live, if you come up to my neighborhood Volvo is like every other car on the road

FocusDude 12-26-2009 12:59 PM

Quote:

Originally Posted by Z31Fanatic (Post 1603061)
Who caress? Volvo sells poorly here anyway.

North America is hardly the audience Volvo thrives in or for. They have set and reset the bar on safety countless times. And these innovations have trickled to every manufacturer and typically become safety requirements across the board.
Companies based out of China have continually hung themselves well below what the majority of Americans would consider even mediocre safety standards.

It's a ****ing oxymoron or whatever-

Bender 12-30-2009 09:52 PM

Totally incorrect - the BULK of Volvo's profit is from NA - the volume is small but they make a ton of money here (drive up here in d-town or over on 30 on the Main Line and you will see tons of them)

Sad Sad Day - Certainly won't ever buy a volvo made after the take over

Z31Fanatic 12-31-2009 02:01 PM

http://online.wsj.com/mdc/public/pag...autosales.html

Look at Volvo numbers. Only Land Rover, Jaguar, Saab and Mini sell less.

Bender 12-31-2009 03:12 PM

Volume does not equal profit.

Yes they are a SMALL house, but they do well here, they are one of the few that has been up consistently for the past 6 months.

kcnizm0 12-31-2009 03:22 PM

ha wounder how this will turn out.

BigWhiteTodd 12-31-2009 03:28 PM

dang that sucks owell.


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