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27 August 2006



It seems like if some funds are trying to buy Volvo shares on the market. Renault said months ago their 20% is just a financial investment.


That is right. Volvo is profitable and attractive. A Swedish Bank (Handelsbanken)holding 6% of the company, is said to be interested too. Renault has other priorities for the moment, and Volvo is expensive for a direct acquisition. But dealing with Ford would change everything and Volvo remains an excellent opportunity for Renault to gain credibility on the higher end of the market.

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