TITLE

Help from Sweden eases fears of U.S. Volvo dealers

AUTHOR(S)
Kurylko, Diana T.
PUB. DATE
December 2008
SOURCE
Automotive News;12/22/2008, Vol. 83 Issue 6339, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the Swedish government in providing emergency loans and guarantee credit of $3.68 billion to help Swedish carmakers Volvo Group and Saab Automobile AB to avert a potential sale by Ford Motor Co. in the U.S. Karp Volvo president David Karp stresses that the economy is of greater concern to him and potential car purchaser than Volvo is acquired. Karp adds that although it can be a good thing, but he does not want the Volvo to be sold. INSET: Volvo brings back free maintenance.
ACCESSION #
36148316

 

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