Word: forded
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...help raise capital, Ford has been shopping Volvo. There has been some hope that Sweden, where Volvo was founded, might buy the brand. So far, there is no indication that will happen. (See the 50 Worst Cars of All Time...
...most estimates, the No.2 U.S. car corporation is burning through more than $1 billion a month. As total American vehicle sales drop as low as ten million this year, Ford's financial situation will get worse, even if it gets concessions from the UAW and suppliers...
...market does not need more companies competing for a shrinking pie. Ideally, it should have less. Ford (F) may inadvertently be letting China into the American race for market share. But, Ford needs the money...
...meantime, Ford may be getting interest from several Chinese car companies. For them to afford Volvo would probably require government assistance, but industries in the world's most populous country are used to being helped in what is not an entirely free market economy. Why should the automotive sector be any different...
...Three do not need any more competition, but Ford may let another player into the game...