Here's a link:

http://www.financialnewsusa.com/news/ford-expects-to-sell-volvo

Hopefully this will give the volvo brand a chance to survive.

I assume china and india will be the major supplier of consumer (cheap) cars in the coming decades. After the death of detroit, japan and korea took over; but they will not be able to compete with lower cost labor for very long either. It would make sense for japan and korea to start outsourcing their manufacturing.