York: Ford should unload Volvo and Mercury brands
10:28 AM Fri, May 02, 2008 | Permalink
Email
 |
 |
Projo Cars Blog |
|
« Ford's US sales down, Toyota up in April as gas prices rise |
Main
| Small cars post gains, trucks fall as gas prices rise »
Less than a week after stressing that billionaire Kirk Kerkorian's Tracinda Corp. would remain a passive investor in Ford Motor Co., a top adviser for the casino mogul, Jerry York, is already recommending changes for the Dearborn automaker, according to The Detroit Free Press. In an interview with the trade magazine Automotive News, York said he thinks Ford should sell the company's Swedish Volvo brand, which lost $151 million through March, as well as the Mercury brand, which has been languishing for decades. U.S. sales of Mercury have fallen from 528,033 to 168,422 last year. 
|
New comments
New photos
Authors
New posts
Projo blogs
Archives
Leave a comment