Report suggests former executives are bidding against Geely
4 December 2009

A group led by former Ford executives has entered the bidding for Volvo, according to reports.

The Wall Street Journal says the group, called Crown consortium, is led by former Ford director Michael Dingman and former Ford and Chrysler executive Shamel Rushwin.

Although no figure has been put on Crown's bid, the paper reported that it was on a par with the bid being tabled by Chinese car maker Geely, which has been named as Ford's preferred bidder.

Unconfirmed stories say Geely is bidding $1.8 billion (£1.1bn) for Volvo.

Twitter - follow autocar.co.ukSee all the latest Nissan GT-R reviews, news and video

Join the debate

Comments
2

4 December 2009

Crown Consortium - sounds better than Phoenix Four ;o)

4 December 2009

A bit behind in the news, Autocar.

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK