Ford struggling to find buyers for Volvo

>> Monday, January 5, 2009

Ford is reportedly having trouble offloading its failing Volvo subsidiary, with German carmaker Daimler over the weekend strongly denying any interest in the Swedish brand. Volvo, which was once a part of Ford's mighty Premier Automotive Group, is now one of the last remaining vestiges of Ford's former empire, and finding a buyer is becoming more and more difficult for the Blue Oval. The news comes from a Daimler spokesman, who claimed that Daimler was "never interested in Volvo" in reply to earlier reports linking the two companies.

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