REPORT: Chinese government approves of Chery's bid to purchase Volvo

If, like us, you've been following the Volvo saga pretty closely, you'll remember that several Chinese companies are considered to be among the top bidders for the Swedish automaker when Ford officially opens the bidding. Although Geely has said they aren't interested, that didn't rule out other Chinese outfits. Well, today we have word via Chinese news reports that Chery, for one, has been given the greenlight to enter the Volvo lottery by the Chinese government. Other interested parties are ru... Read More:

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Reply to
sjmmail2000-247
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remember that several Chinese companies are considered to be among the top bidders for the Swedish automaker when Ford officially opens the bidding. Although Geely has said they aren't interested, that didn't rule out other Chinese outfits. Well, today we have word via Chinese news reports that Chery, for one, has been given the greenlight to enter the Volvo lottery by the Chinese government. Other interested parties are ru...

I pretty well lost interest in the post-Ford involvement Volvos, but a Chinese company is even worse, at that point RIP Volvo.

Reply to
James Sweet
Reply to
~^ beancounter ~^

Well, Chinese stewardship of the brand couldn't be much worse than Ford's.

Though I'm not likin' the idea of having everything I buy - from crap at Wal-Mart to my favorite car - support a communist nation.

Reply to
Notroll2007

Notroll2007 schrieb:

Bought 6 Volvos in my Life. Last year a C70 for $ 50'000. Done! Last one! Chinese? Never !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Reply to
Joerg Lorenz

yep, i have owned 5 or 6 volvos, i have lived and visited mainland china, tiawian, etc....i would NEVER buy another volvo if the commies "got them"......

cheers

" Bought 6 Volvos in my Life. Last year a C70 for $ 50'000. Done! Last one! Chinese? Never !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! "

Reply to
~^ beancounter ~^

You haven't been to China lately. It is capitalist, just not a democracy. The rich are getting richer. Some CEO's fly to work in helicopters. I think Lenin would roll over in his grave if he knew. If he does, they will sell tickets for all inclusive tours to the Kremlin to see it.

Reply to
Stephen Henning

That was relatively recent, and thankfully Ford didn't seem to stick their fingers in the works too much, and being American, I'd much rather support and American company than Chinese, though the domestic brands never impressed me much. It never used to bother me, but it's so hard to buy anything anymore that isn't made in China, and while some of it is ok, I find the quality control and consistency to be marginal at best, and so much of what they make are shameless copies of quality items. It will take a long time before I trust anything that comes from there.

My personal interest is in the old RWD models, they'll never build them like that again, thankfully there are enough of them out there still that I'm unlikely to ever run out.

Reply to
James Sweet

I wouldn't be shocked, afterall GM did that with Saab. They immediately discontinued the 900 model, took one of their models, the Opel Vectra as I recall, gave it a facelift and called it the Saab 900, completely different car, and virtually anyone who has owned both, particularly the V6 will attest to it being inferior.

Reply to
James Sweet

It was just an example, at the time, the new 900 was inferior to the classic 900 that it replaced, both are technically obsolete now, but the classic 900 is much more desirable and nice examples are worth more now to enthusiasts. I'm personally very fond of the classic 900, there's just nothing else like it out there before or since, and I would take a brand new one of those over most of the other new cars available any day, but that's irrelevant, the point is GM took over and immediately replaced a model with one of their own designs and gave it the same name. In the time since, there have been catastrophes such as the 97 which is nothing but a GM trailblazer, the brand is really nothing but a brand anymore, similar to the classic radio and hifi brands now appearing on Chinese junk. Just the other day I saw a "Crosley" radio which was made to look vintage but was in fact a cheap flimsy modern radio with a CD player. I also came across a "Dual" car CD player, no relation aside from the name itself to the well regarded turntables of the 70s. Quite a few well known American tool brand names are now owned by Chinese companies that slap the name on cheap inferior quality tools which are then sold on the reputation of the name alone. Things may change, as happened with Japan in the 70s, but at the present moment, I associate "made in China" with cheap goods of inferior quality.

I must be seriously out of date myself, because I think the 240 is a fantastic design and still serves quite a few people very well. Just because something is new does not automatically make it better, but that mentality does drive the rampant wasteful consumerism that the US is so well known for. I could afford to buy a brand new Volvo if I wanted one, but I prefer nicely maintained older stuff. Most new cars are far too rounded and bubbly for my taste, and too cramped under the hood.

I suspect new 1950 Fords would sell like hotcakes, lots of people love a bit of nostalgia, but they would never meet modern regulations. You can buy all new parts to build a 1932 Ford from scratch, ends up costing a lot more than buying a late model, but hot rodders do it.

Reply to
James Sweet

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