Ford (F)

Ford (NYSE:F) has agreed to sell its Volvo Cars unit to Chinese automaker Zhejiang Geely Golding Group (Zhejiang Province, China) for $1.8 billion, significantly less than the $6.45 billion Ford paid for Volvo in 1999, according to MarketWatch. In 2008, Ford sold the Jaguar and Land Rover brands to Tata Motors Limited, an Indian automaker, for $1.7 billion, much less than Ford originally paid for the brands.
Ford, under the direction of Alan Mulally, has significantly impacted US auto manufacturing, production and thinking, the same way that he did when he was at Boeing. Ford, the only one of the Big Three that did not take a bail-out, is slated to lead the US auto industry out of the slump that it's in, currently.

Mar 30 · 12:10:00 PM · Source: Market Watch
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by Steve Wieczorek