cancel
Showing results for 
Search instead for 
Did you mean: 

Volvo goes electric.....

Minivanman
Hero
Posts: 4,794
Thanks: 1,046
Fixes: 1
Registered: 04-11-2014

Volvo goes electric.....

...... but that's not the surprise, what surprises me from this news item is that it's now owned by the Chinese. When did that happen?

Blimey, they'll be making plusnet routers next. Crazy2

http://www.bbc.co.uk/news/business-40505671

All views expressed are my own but you can express them too if you want to be right about everything like I am.
3 REPLIES
Community Veteran
Posts: 38,251
Thanks: 937
Fixes: 56
Registered: 15-06-2007

Re: Volvo goes electric.....

very good question - apparently Volvo Cars was sold to them by Ford in 2010 https://www.bloomberg.com/news/articles/2014-06-26/volvo-seeks-u-dot-s-dot-sales-revival-with-return...

I had assumed that the Home Hub was already made there Sad

Minivanman
Hero
Posts: 4,794
Thanks: 1,046
Fixes: 1
Registered: 04-11-2014

Re: Volvo goes electric.....

First they came for the diesel car.....

Although to be honest this is one heck of a great idea so well done the French. 

All views expressed are my own but you can express them too if you want to be right about everything like I am.
Community Veteran
Posts: 13,923
Thanks: 515
Fixes: 7
Registered: 01-08-2007

Re: Volvo goes electric.....


Minivanman wrote:

...... but that's not the surprise, what surprises me from this news item is that it's now owned by the Chinese. When did that happen?

Blimey, they'll be making plusnet routers next. Crazy2

http://www.bbc.co.uk/news/business-40505671


Originally Renault were going to buy them and the two had started to swap engines with each other hence some renaults from the late 90s were fitted with Volvo lumps while some volvos were fitted with Renault lumps (and allegedly were just as reliable once Volvo had made their own adjustments). There are still Renaults out there that are volvo powered still going strong nearly 20 years later.

Unfortunately share holders at Volvo got the hump for some reason and blocked the sale at the last minute and hence it became available on the free market again. Thankfully their engines don't seem to have suffered quality wise but that would have been different if Renault had got their hands on them - look how many once reliable Nissan motors that have had pistons go through engine blocks since Renault bought them.

I need a new signature... i'm bored of the old one!