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omarrana
I hooked up my accelerator to my brake lights. I hit the gas, people behind me stop, and I'm gone.
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10
Ford may still sell Volvo and Mercury
omarrana
submitted on 05/02/2008
Official AutoSpies Timestamp: 10:29 AM
from: www.egmcartech.com
[9] user comments
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Tags: Volvo, Mercury
Tag Links:
Volvo
,
Mercury
Ford may still sell Volvo and Mercury
After Aston Martin, Jaguar and Land Rover the automotive industry is waiting to hear word on when Ford will sell Volvo and Mercury. Although Mulally has denied reports of the Volvo and Mercury being on the auction block, Ford may still sell the two brands.
Jerry York, a former auto executive who now represents Kirk Kerkorian’s Tracinda Corp, met with FoMoCo CEO last month. Interestingly enough a press release was released yesterday stating that Kerkorian plans on acquiring 20 million shares of Ford.
York says that he ‘thinks’ Mulally will end up...
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0to60
- 5/2/2008 11:50:10 AM
+2 Boost
Where is mercuryguy? He would be pissed about this one.
reply to this comment
Shredmo
- 5/2/2008 11:54:15 AM
+9 Boost
Selling Mercury?
Huh?
I can't in a million years see Mercury getting sold. I could see it being eliminated, but not sold. Every Mercury is just a jazzed up Ford.
reply to this comment
M35MT
- 5/2/2008 12:03:16 PM
View My AgentSpace
+5 Boost
Yea it's really stupid. They're selling a brand with no cache that has no model line up to back it up with.
The Mecury re-badge should have died with Oldsmobile.
EL34
- 5/2/2008 12:24:57 PM
-1 Boost
I hear Toyota may sell Lexus :)
reply to this comment
Shredmo
- 5/2/2008 1:44:22 PM
+3 Boost
I hear autospies is banning you :)
Maverick2020
- 5/2/2008 12:55:00 PM
+5 Boost
True, Ford probably will sell Volvo. The WSJ already has reported that that will probably happen within the next 18 months.
It is idiotic, however, to say that Ford would 'sell' Mercury? Who would buy it? And frankly who would want to buy it? It has zero brand equity. Their cars are all re-badged Fords. All Mercury dealerships are dualed with Lincoln, or in some cases Ford. And then if it were actually for sale, the buyer would have to assume product liability, warranty expenses and keep parts available for the next 10+ years, as is law.
No, Mercury will probably be shuttered. It is about damn time!
reply to this comment
daytonaviolet
- 5/2/2008 4:55:54 PM
+3 Boost
That's the truth. I think the only reason for Mercury to be around is to give Lincoln Dealers something else to sell and service, since their lineup is so week.
Batman219
- 5/2/2008 1:44:34 PM
+5 Boost
Keep Mercury if it means keeping that gorgeous brunette who's in the commercials.
reply to this comment
GinsterCQ
- 5/3/2008 9:35:57 AM
+1 Boost
This is so funny. What auto company in their right mind would buy Mercury? It's such a pathetic brand! Without Ford, there is no Mercury. Too funny!
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