Popular Topics from The Street:
Stock Quotes | Fast Money | Mutual Funds | Stocks | Stock Prices
Find the Best:
Personal Finance | Retirement | Saving | Budget | Stock Picks
Ford Considers Sale of Volvo
By: BankingMyWay.com Staff
With all of the problems facing the auto industry, the company is considering shedding its Swedish unit.The Associated Press

DEARBORN, Mich. -- Ford says it is considering selling Volvo Car Corp. as the struggling U.S. automaker seeks to raise cash and weather the industry crisis.

Ford said Monday it expects its strategic review of the Swedish luxury automaker will take several months.

The Swedish government has said it has been in talks with Volvo and with General Motors Saab unit following reports that the U.S. parent companies were seeking aid for their Swedish carmakers.

Ford, GM and Chrysler will go before Congress on Tuesday to present a proposal for $25 billion in loans to keep them afloat as sales sag.

Ford shares are up 18 cents at $2.87 in morning trading.

BankingMyWay.com has the best rates .

—For more ways to save, spend, invest and borrow, visit MainStreet.com.

Other Auto Loans Articles

Auto Loans Calculators

Sign Up Now for Our FREE Newsletter
Search for Rates

US Rate Map - National Auto Loan Rates

 
Roll over states to see best rates.
 
Lower Rates Higher Rates

This illustration shows rates based on all terms and locations of a particular state. Products may not be offered by all institutions. Individual institutions determine the availability and required qualifications of their products. Product restrictions may apply.

Calculators

Calculator Access our Savings, Mortgage, Auto Loan and Personal Finance Tools here.