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Ford Motor Company Announces it Will Re-Evaluate Strategic Options for Volvo Car Corporation

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Ford Motor Company Announces it Will Re-Evaluate Strategic Options for Volvo Car Corporation


DEARBORN, Mich., December 1, 2008: Ford Motor Company announced today it will re-evaluate strategic options for Volvo Car Corporation, including the possible sale of the Sweden-based premium automaker.

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“…Today I can say that we will not need additional funds. These problems are behind us. We will not return to the market.” — John Thain - CEO Merrill Lynch March 2008 (MER)