Ford Motor Co has had talks with potential bidders for its luxury Volvo brand, Ford Chief Executive Alan Mulally said on Sunday. Mulally, who was speaking to reporters at the Detroit auto show, declined to name the parties that had been in contact with Ford about a sale of Volvo.
"We are not revealing the people we are talking to, but over time we will," Mulally said. Ford said last month that it was reviewing its options for Volvo. Mulally said that review had included contact with potential bidders.
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