While Ford has officially put its British entities – Land Rover and Jaguar – on the market, the company has long expressed a desire to hang onto Volvo . Now rumors come from Ford’s United Kingdom offices that the blue oval is seriously considering selling Volvo.
The London Times and Automotive News Europe both report that sources say that Ford to sell Volvo two weeks ago in a board meeting. Although Ford hasn’t gone as far as hiring any financial advising firms or talking to other automakers, but they won’t officially deny that Volvo is up for sale. Instead, Ford’s public relations team says that Volvo is not currently for sale, but they are analyzing all options.
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