One of the many moves the Detroit Three is making to weather its current financial crisis is Ford’s selling of Volvo. The brand is based in Sweden and run by Ford, and Volvo has produced some of its best vehicles under Blue Oval ownership. That hasn’t, however, prevented a slump in sales.
Potential buyers have been rumored to include the Swedish government, Tata Motors of India, and Hyundai, but one recent name that’s come up will certainly spur debate: Shanghai Automotive Industry Corporation.
While buyers have warmed to Korean nameplates in the U.S., the idea of Chinese ownership has different connotations for many. That leaves us asking you the question: If Volvo were owned by a China-based company, would you buy its cars?