27 Votes

Boost it!

Tag Links: BMW, Volvo

For those of you thought that Ford was going to get rid of Jaguar next we’ve got some news for you.

Industry experts have told AutoCar that BMW is seriously considering on making a bid to takeover Sweden auto maker Volvo. BMW has requested a complete breakdown of Volvo’s current financial position from a European investment bank. Source have said that BMW is looking to expand its lineup which has always been centered around driving pleasure and that Volvo would add a huge safety factor to the company’s focus.

If the takeover happens, it is expected that the larger Volvo saloons and estate models will be switched to BMW platforms while the smaller cars, like the Volvo C30, will be switched to the Mini family.

Sources also said that BMW considered taking over Alfa Romeo as well.

Read Article

BMW seriously considering taking over Volvo

About the Author

omarrana

User Comments

LexusNumberOne4ever
S4cabriofoxone
david999
Willis
Bill
mini22
Mark
CrunkieBrewster
Wallerstein
S4cabriofoxone
mp2dtw
Wallerstein
1995e34
Rupert
r_driver04
S4cabriofoxone
1995e34
r_driver04
PPower
1995e34
supermoto
OBSERVER1984
daytonaviolet
hashoo
1995e34
mp2dtw
1995e34
r_driver04
daytonaviolet
MunichRob
jt716
urbansouljah
urbansouljah
r_driver04
r_driver04
arcy
EnnNorak
r_driver04

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]