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On Today's AP Wire--<p>BC-US--Ford-Volvo,0133 AP source: Chinese auto company looking at Volvo Eds: APNewsNow. Will be led. By KIMBERLY S. JOHNSON AP Auto Writer<br> DETROIT (AP) - A person briefed on the matter says a Chinese automaker is considering buying Ford Motor Co.'s Volvo unit.<br> The person says Beijing Automotive Industry Holding Co. is taking a look at Volvo, and is expected to meet with executives at Volvo's Gothenburg, Sweden, headquarters. The person spoke on condition of anonymity because the discussions are private.<br> Beijing Automotive would be one of three or four companies that have expressed interested in Volvo.<br> Dearborn, Mich.-based Ford said last year that it wants to sell the unit so that it can focus its efforts on three core brands: Ford, Lincoln and Mercury.<br> Ford has already sold its Land Rover, Aston Martin and Jaguar units as it works to restructure during the worst auto sales slump in more than two decades.<br> <br> (Copyright 2009 by The Associated Press. All Rights Reserved.)<br> AP-NY-06-10-09 1601EDT
 

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Re: Chinese Volvo? (paxcam)

No cross postings (especially of old news)<p><A HREF="http://forums.swedespeed.com/zerothread?id=120300" TARGET="_blank">http://forums.swedespeed.com/zerothread?id=120300</A>
 
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