Monday, May 25, 2009

Volvo Cars in Talks With Flemish Leader About Loan Guarantee

The head of Volvo Cars, the Swedish unit that owner Ford Motor Co. wants to sell, Monday met with the leader of the Flemish government to discuss state aid for the struggling car maker, a Volvo spokeswoman said.

Volvo Chief Executive Stephen Odell met in Brussels with Flemish Minister-President Kris Peeters to discuss the possibility of his government guaranteeing a loan for Volvo, spokeswoman Maria Bohlin said.

No comments:

Post a Comment