Blog: Dave LeggettFord's Fleming on Volvo sale

Dave Leggett | 11 September 2007

I heard Ford of Europe boss John Fleming being interviewed on the radio this morning in Frankfurt. He played the Jag-LR questions with a straight bat. No problem at all. He acknowledged the credit crunch that has upset the world of private equity but said things would become clearer on the sale over the remainder of the year. Fair enough.

But then he was asked whether Ford is trying to sell Volvo.  'We're reviewing the whole of the business, including Volvo,' he said. So far, so good. Then he added, 'I think that is a question better directed to Volvo'. Eh? What would the hawkee Volvo have to say about it? Not a lot that would shed any light or is repeatable in polite company, surely.


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