In its bid to earn the US government's support, Ford is now looking to sell Volvo, part of Ford's premium brands. Ford is reportedly asking for US$ 6 billion for the brand.
Ford had purchased Volvo in 1999 for US$ 6.4 billion and had said it wouldn't sell the Swedish brand when it had put Land Rover and Jaguar up for sale. However, times have changed now, and it remains to be seen who will eventually buy Volvo, and for how much, since no one seems eager to purchase it.
