We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Volvo's billions

10 October 2006 By John Foley

The Swedish truck maker may feel it has to keep a cash pile worth 10% of its market value to protect against a downturn and to buy rivals. But the arguments are weak. Rivals aren t so well padded. And if Volvo wants money for acquisitions, it can always go back to investors.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)