Fleet News

Volkswagen 'interested in buying Volvo' claim

VOLKSWAGEN, which emerged last week as a potential buyer of Rolls-Royce, is this week also claimed to be bidding for Volvo. A German magazine reported that Volkswagen was in the running to buy Volvo which in the past has succeeded in fighting off overtures from Renault.

A UK spokesman for Volkswagen declined to discuss the report but said that a German spokesman for the Volkswagen group had no longer ruled out either acquiring a company or a shareholding if it was core to the company's business. Meanwhile, it has also reported this week that Formula One tycoon Bernie Ecclestone had joined the bidding for up-for-sale luxury car maker Rolls-Royce. He joins a list which is also reputed to include BMW and Ford as well as Volkswagen.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee