TORRANCE – A survey of U.S. commercial fleet managers indicates they are taking a "wait and see" approach to the Obama Administration's recently announced "finite path forward" for troubled automakers General Motors and Chrysler.
Ford May Get $2 Billion from Sale of Volvo Cars Unit
DEARBORN, MI – Ford Motor Co. may get $1-$2 billion for its Volvo Cars unit as it conducts sale talks with more than three bidders, according to an unnamed source interviewed by Bloomberg.