Find or Sell Used Cars, Trucks, and SUVs in USA

Clean Autocheck Sunroof Leather F&r Heated Seats Alloys Wood Alarm ! Clean ! on 2040-cars

US $11,480.00
Year:2009 Mileage:89147 Color: Silver /
 Tan
Location:

Houston, Texas, United States

Houston, Texas, United States
Advertising:
For Sale By:Dealer
Engine:I6 3.2L DOHC
Fuel Type:GAS
Transmission:Automatic
Body Type:Sedan
Vehicle Title:Clear
Condition:

Used

VIN (Vehicle Identification Number)
: YV1AS982291106606
Year: 2009
Make: Volvo
Doors: 4
Model: S80
Fuel: Gasoline
Drivetrain: FWD
Mileage: 89,147
Trim: 3.2 Sedan 4-Door
Sub Model: 3.2
Drive Type: FWD
Exterior Color: Silver
Number of Cylinders: 6
Interior Color: Tan
Warranty: No

2009 Volvo S80 3.2 4-Door Sedan
Exterior Color:     Silver Metallic Interior Color:     Sandstone Beige Stock Number:106606
Mileage:89,147 Engine:I6 3.2L DOHC Fuel:Gasoline
Transmission:Automatic Warranty:As Is - No Warranty Title:Clear
VIN:YV1AS982291106606 AutoCheck:FREE AutoCheck Vehicle Report
2009 Volvo S80 3.2 - Photo 1 - Houston, TX 77031
FREE AutoCheck Report
91 79 - 88
Vehicle Description
Ultimate Motorsport Presents
 
2009 Volvo S80 3.2
 
SUNROOF ! LEATHER !  ALLOYS ! XENONS
PREMIUM SOUND SYSTEM !
COLD WEATHER PACKAGE !
 
 
CLEAN AUTOCHECK NO ACCIDENTS
CLICK ON AUTOCHECK LOGO ABOVE FOR FREE FULL REPORT !
 
ADD A 3 MONTH 3,000 MILE WARRANTY
FOR ONLY $ 295
ASK US FOR DETAILS ON A 4 YEAR UNLIMITED MILES NATION WIDE WARRANTY !!
 
PEACE OF MIND ! BUY WITH CONFIDENCE !!
 
60+ PICTURES BELOW AFTER DESCRIPTION
 
THIS CAR IS LOADED WITH THESE OPTIONS:
SUNROOF WITH POWER SLIDING GLASS
XENON HEADLIGHTS
TELESCOPING STEERING WHEEL WITH CONTROLS
CRUISE CONTROL
DUAL ZONE AC AND HEAT
ALARM SYSTEM WITH KEYLESS ENTRY
FULL LEATHER AND WOOD  TRIM INTERIOR
BLUETOOTH EQUIPPED
SOLAR TINTED WINDOWS
POWER HEATED LEATHER SEATS WITH MEMORY AND LUMBAR
REAR HEATED SEATS
PREMIUM SOUND SYSTEM WITH CD AM FM
POWER WINDOWS AND MIRRORS
FOG LIGHTS
TRACTION CONTROL
PREMIUM ALLOY 17’  WHEELS
3.2 LITER 6 CYLINDER ENGINE
BOOK WITH KEY
 
 
MUCH MUCH MORE SEE IT TO BELIEVE IT !!!
 
Beautiful SILVER METALLIC on
TAN LEATHER WITH FULL WOOD TRIM  Interior!!
 
Low Buy It NOW or Make us an Offer NOW!!

100% Positive Feedback
OWN THIS BEAUTY at a Fraction of the
Original $ 41,000 Price!!!
COMPARE AT
KELLY BLUE BOOK $ 12,784
NADA RETAIL $ 13,725
OUR BUY IT NOW $ 11,480
WOW ! WHAT A DEAL  !!!
 
 
WONT LAST LONG AT THIS PRICE !!! CALL US TODAY AT
281-506-8808

If You are Looking for a VOLVO S80 with all the options with LOW MILES, You Don't Have to Look any Further!!!
DON'T SLEEP ON THIS ONE!

NOTE: JUST LIKE ANY USED VEHICLE FEW VERY MINOR NICK NACKS DUE TO NORMAL WEAR AND TEAR AND ROAD DEBRIS.
REMEMBER: YOU ARE BUYING A TOP LOADED USED VEHICLE IN CLEAN CONDITION NOT A BRAND NEW ONE!

Bid with Excitement & Confidence!!!
Only at ULTIMATE MOTORSPORT !!
Good Luck & Happy Bidding!!!
FOR ANY QUESTIONS FEEL FREE TO CALL US AT
281-506-8808

So, If you are in the market for a LATE MODEL, VERY AFFORDABLE VOLVO S80, then you owe it to yourself to take a closer look

LOW BUY-IT-NOW or MAKE AN OFFER!!!
 
WE FINANCE ! APPLY ONLINE FOR AUTO LOANS AS LOW AS 2.99%

FOR ANY QUESTIONS OR CONCERNS FEEL FREE TO CONTACT @ (281) 506-8808
or email sales
 
DOOR TO DOOR SHIPPING AVAILABLE ASK FOR A QUOTE !
We Export For Canadian Customers
Email:
sales@ultimatems.com
Call
281-506-8808
Visit
10311 Altonbury Lane
Houston TX 77031
 
 
 
Additional Photos
2009 Volvo S80 3.2 - Photo 2 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 3 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 4 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 5 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 6 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 7 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 8 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 9 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 10 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 11 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 12 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 13 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 14 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 15 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 16 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 17 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 18 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 19 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 20 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 21 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 22 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 23 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 24 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 25 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 26 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 27 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 28 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 29 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 30 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 31 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 32 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 33 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 34 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 35 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 36 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 37 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 38 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 39 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 40 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 41 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 42 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 43 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 44 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 45 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 46 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 47 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 48 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 49 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 50 - Houston, TX 77031
2009 Volvo S80 3.2 - Photo 51 - Houston, TX 77031
Contact Information
Name: Sales Department Main Phone: (281) 506-8808 Alt. Phone: (281) 657-7293
Vehicle Features & Options
Standard Features
Appearance /
  Interior:
  • 16.0 Steering Ratio
  • 2.6 Turns Lock-To-Lock
  • Woodgrain Accents
Comfort:
  • Air Filtration
  • Front Center Armrests
  • Wood Center Console Trim
  • Wood Dash Trim
  • Wood Door Trim
  • Carpet Floors
  • Front and Rear Floor Mats
  • Dual Front Air Conditioning Zones
  • Automatic Climate Control Front Air Conditioning
  • Leather Shift Knob Trim
  • Leather Steering Wheel Trim
Convenience:
  • Cruise Control
  • Front Door Pockets
  • Includes Driver Seat
  • Controls Doors, Trunk, Panic Alarm Multi-Function Remote
  • Controls Fuel Filler Multi-Function Remote
  • 3 Number of Drivers
  • 12V Front and Rear Power Outlet(s)
  • Power Steering
  • Remote Trunk Release
  • Retained Accessory Power
  • Steering Wheel Mounted Audio and Cruise Controls Controls
  • Tilt and Telescopic Steering Wheel
  • Front Seatback
  • Homelink - Garage Door Opener Universal Remote Transmitter
Drivetrain /
  Suspension:
  • 4-Wheel ABS
  • Braking Assist
  • Electronic Brakeforce Distribution
  • 12.4 Front Brake Diameter
  • Ventilated Disc Front Brakes
  • Coil Springs Front Spring
  • Independent Front Suspension
  • Macpherson Struts Front Suspension
  • 11.9 Rear Brake Diameter
  • Ventilated Disc Rear Brakes
  • Coil Springs Rear Spring
  • Independent Rear Suspension
  • Multi-Link Rear Suspension
  • Stability Control
  • Front and Rear Stabilizer Bar
  • Traction Control
Entertainment /
  Telematics:
  • Mast Antenna
  • Auxiliary Audio Input
  • Compass
  • External Temperature Display
  • 6 Disc In-Dash CD
  • CD MP3 Playback MP3 Player
  • Pre-Wired For Phone Phone
  • Hd Radio Radio
  • On-Call Plus (Volvo) Satellite Communications
  • XM Or Sirius Satellite Radio
  • Tachometer
  • 8 Total Number of Speakers
  • Trip Computer
  • Low Fuel Level Warnings and Reminders
  • 160 Watts
Exterior:
  • Ambient Lighting
  • Cargo Area Light
  • Daytime Running Lights
  • Security Approach Lamps Exterior Entry Lights
  • Front Fog Lights
  • Auto Delay Off Headlights
  • Front and Rear Reading Lights
  • Rear Fog Lights
Rims / Tires:
  • Inside Spare Tire Mount Location
  • Temporary Spare Tire Size
  • Tire Pressure Monitoring System
  • All Season Tire
Roof / Glass:
  • Intermittent Front Wipers
  • Rain Sensing Front Wipers
  • Lockout Button
  • 2 One-Touch Windows
  • Power Windows
  • Rear Defogger
  • Power Glass Sunroof
  • Sliding Sunshade Sunroof
  • Tilt Sunroof
Safety:
  • 2-Stage Unlocking
  • Front and Rear Active Head Restraints
  • Alarm With Remote Anti-Theft System
  • Engine Immobilizer Anti-Theft System
  • Side Impact Door Beams Body Side Reinforcements
  • Child Safety Locks
  • Latch System Child Seat Anchors
  • Emergency Interior Trunk Release
  • Energy Absorbing Steering Column
  • Heated Exterior Mirrors
  • Integrated Turn Signals Exterior Mirrors
  • Power Exterior Mirrors
  • Dual Front Airbags
  • Front and Rear Head Airbags
  • Auto-Dimming Inside Rearview Mirror
  • Occupant Sensing Passenger Airbag Deactivation
  • Remote Power Door Locks
  • Front and Rear With Head Protection Chambers Side Airbags
  • Dual Illuminating Vanity Mirrors
Seating:
  • Front Auto Height Adjusting Shoulder Belts
  • Lumbar Driver Seat Manual Adjustments
  • 8 Driver Seat Power Adjustments
  • Height Adjustable Driver Seat
  • 2 Front Headrests
  • Height Adjustable Front Headrests
  • Bucket Front Seats
  • Lumbar Passenger Seat Adjustments
  • 8 Passenger Seat Power Adjustments
  • Folds Flat Passenger Seat
  • Height Adjustable Passenger Seat
  • 3 Rear Headrests
  • Height Adjustable Rear Headrests
  • Folding With Storage and Pass-Thru Rear Seat Center Armrest
  • Split-Bench Rear Seat
  • Split Folding Rear Seat
  • Leather Upholstery
  • Rear Ventilated

Installed Options
Appearance /
  Exterior:
  • Dual Xenon Gas Discharge Headlights
  • Silver Metallic
Package:
  • Climate Package
    View our eBay Feedback:

    eBay Motors
    ultimate_motorsport_inc
    Financing Information
    We Finance ! Rates a slow as 2.99% with Approved credit
    Fill out our credit app today by clicking the link above !
    Shipping Information
    WE SHIP AND EXPORT WORLDWIDE
    GREAT LOW NATIONWIDE US SHIPPING RATES !!
    Canadian Customers Welcome
    Email us your zip code for Special Shipping Rates !
    email sales@ultimatems.com
    If Outside US or Canada email us your Port City and Country
    for a quote !
    Dealership Information
    Ultimate Motorsports
    Main Phone:(281) 506-8808
    Alt. Phone:(281) 657-7293
    Email:sales@ultimatems.com
    Business Hours:
    Weekdays:9:00 AM to 7:00 PM
    Saturday:10 TO 5PM
    Sunday:CLOSED
    Location:
    10311 Altonbury Lane
    Houston, TX 77031
    Map of Ultimate Motorsports at 10311 Altonbury Lane, Houston, TX 77031
    Terms of Sale
    Standard Terms & conditions
     

    PLEASE READ CAREFULLY! BY SUBMITTING A BID, MAKING AN OFFER OR CLICKING THE BUY IT NOW YOU ARE AGREEING TO THE FOLLOWING TERMS AND CONDITIONS.

    Fee and Tax Information: All Texas residents will pay 6.25% state sales tax and $ 133 Title Fee. This only applies to Texas Residents ONLY! Out of State customer only pay :

    All sales are subject to Texas V.I.T. tax based at a rate of .002834% of purchase price and $395.00 Processing fee.

    PAYPAL IS FOR DEPOSITS ONLY. WE DO NOT ACCEPT FULL PAYMENTS THOUGH THE PAYPAL.

    FINANCING IS AVAILABLE WITH APPROVED CREDIT (WAC) ONLY ! ALL BUY IT NOW PRICES LISTED ARE FOR CASH BUYERS OR IF CUSTOMERS ARRANGE THEIR OWN FINANCING !!!

    IF YOU CHOOSE TO CLICK THE BUY IT NOW OPTION YOU ARE REQUIRED TO PICK UP THE VEHICLE LOCALLY AND ADDRESS ANY ISSUES BEFORE THE VEHICLE LEAVES THE LOT.

    Please contact SALES@ultimatems.com or 281-657-7293
    Winning bidder must contact us within 24 hours of auction end, and make arrangements for payment at that time. A $500.00 NON REFUNDABLE deposit is due within 24 hours of end of auction. The remainder is due within 7 days of Auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or sell it otherwise.  Most banks and credit unions do not finance vehicles older than 2002 or with more than 100K miles. Make sure if financing, your financial institution accepts the year and miles of this vehicle before bidding. Please arrange financing prior to bidding.
    Buyer is responsible for pickup or shipping of this vehicle. If you wish to have it shipped using a service, we will gladly cooperate, you can locate shippers by doing a search for `auto shippers`.
    If you are not sure about something, Please ASK. Do not assume anything not listed is included. We reserve the right to cancel bids for excessive negative feedback. We reserve the right to end the listing if the vehicle is no longer available for sale.
    Please do not bid on this auction unless you are serious about owning this vehicle.  All non-paying high bidders will be reported to Ebay, and negative feedback posted.
    PLEASE ONLY BID WHAT YOU ARE WILLING TO PAY.  IF THE RESERVE IS NOT MET, WE MAY CONTACT THE HIGH BIDDER TO OFFER THE SECOND CHANCE OPTION.
    By placing a bid on this vehicle you are entering into a legal and binding contract to purchase the above-described vehicle. We reserve the right to cancel all existing bids and end the auction early should the item no longer be available for sale.
    By bidding and buying this auction, you enter a contract that you have read and understood all the terms and conditions of this auction. 
    We reserve the rights to sell the car outside the ebay auctions. We reserve the right to end the auction anytime. We reserve the right to cancel any bid from any bidder. 
    This vehicle is being sold as is, where it is with no warranty, expressed written or implied. In either case, The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgment solely. The seller shall and will make reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.
    Please understand that the vehicles are Pre-Owned vehicles and at times, the vehicles may come without accessories such as extra keys, cd magazines, navigation discs, floormats, tools, and owner's manuals. Please call for the exact accessories included for the vehicle. 
    Buyer's are responsible for shipping costs.
    All bidders should have all questions answered and loans pre-approved before bidding. Please note that Non paying buyers would be handled by our attorney. Remember buying a car on eBay is legal binding contract.

    All vehicles are sold "AS IS". This is in full accordance with the laws of the State of TEXAS regarding motor vehicle sales. You the buyer/bidder must have a complete understanding that this vehicle is used and we do not know the complete history of this vehicle. We are presenting this vehicle to the best of our knowledge. The accuracy of our description is based on any and all information that we were able to obtain concerning this vehicle either by records, previous owners statements, or other statements if any made by the persons who sold or traded in this vehicle. We ULTIMATE MOTORSPORT Inc or any of its employees or agents will not be held responsible. All buyers are responsible for having an independent inspection completed on their vehicle of inetrest prior to sale or close of auction. You are welcome to fly in or schedule a inspection with several companies in Houston area to have a car professionally inspected.

    WE ARE NOT RESPONSIBLE FOR ANY REPAIRS OR INSPECTIONS PRIOR OR AFTER THE SALE OF AN AUTOMOBILE. ALL VEHICLES SOLD AS IS WHERE IS !!

    WE WELCOME INSPECTIONS BUT PLEASE DO INSPECTIONS BEFORE THE SALE IS CONFIRMED ! 

    This Agreement will be governed the laws of the State of Texas (without regard to principals of conflict of laws). Any claims arising out of or related to this Agreement or the Goods shall be brought exclusively in Harris County, Texas. Bidder submits to the jurisdiction of all such courts. BIDDER AND SELLER HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION TO ENFORCE, DEFEND, CONSTRUE OR OTHERWISE CONCERNING THIS AGREEMENT OR THE GOODS. If it is necessary for bidder to commence litigation to enforce any portion of this Agreement, Seller will be entitled to recover from Bidder its reasonable attorneys’ fees and costs, including the reasonable fees of in-house counsel.

    Auction Views:  

    Auto Services in Texas

    XL Parts ★★★★★

    Automobile Parts & Supplies, Automobile Accessories
    Address: 2416 N Frazier St, Cut-And-Shoot
    Phone: (936) 441-3500

    XL Parts ★★★★★

    Automobile Parts & Supplies, Automobile Parts, Supplies & Accessories-Wholesale & Manufacturers, Used & Rebuilt Auto Parts
    Address: 6450 Midway Rd, Blue-Mound
    Phone: (817) 924-0099

    Wyatt`s Towing ★★★★★

    Auto Repair & Service, Towing, Locks & Locksmiths
    Address: 1210 N US Highway 69, Flint
    Phone: (903) 569-6060

    vehiclebrakework ★★★★★

    Auto Repair & Service, Brake Repair
    Address: Aldine
    Phone: (956) 251-3140

    V G Motors ★★★★★

    Auto Repair & Service, Automotive Tune Up Service, Automobile Air Conditioning Equipment-Service & Repair
    Address: 10710 W Bellfort St, Houston
    Phone: (281) 498-0909

    Twin City Honda-Nissan ★★★★★

    Auto Repair & Service, New Car Dealers, Automobile Body Repairing & Painting
    Address: 10549 Memorial Blvd, Monroe-City
    Phone: (409) 981-1220

    Auto blog

    Volvo, Kia and BYD duke it out in the finals for World Car of 2024

    Mon, Feb 26 2024

    Three electric vehicles — none produced by an American manufacturer — will compete next month for the title of 2024 World Car of the Year, it was announced Monday. The finalists are the Kia EV9, the Volvo EX30 and the BYD Seal (shown above). The latter two are built in China. The three top finalists in five other categories were also named at the Geneva Motor Show in Switzerland. The winners in all six categories will be revealed live during an awards ceremony at the New York International Auto Show on March 27. This year marks the 20th year of the World Car Awards and the partnership with the New York show. Besides car of the year, the other finalists are: Electric vehicle: BMW i5, Kia EV9, Volvo EX30; Luxury car: BMW 5 Series/i5, Mercedes Benz E-Class, Mercedes Benz EQE SUV; Performance car: BMW M2, BMW XM, Hyundai Ionia 5 N; Urban car: BYD Dolphin, Lexus LBX, Volvo EX30; World Car Design: Ford Bronco, Ferrari Purosangue, Toyota Prius. Only Ford among U.S. companies has an entry in the final selections, and only in one category, design, for the Bronco. BMW has four vehicles in the finals, Volvo has three, Kia and Mercedes have two each. BYD from China has two entries as well. The Seal went on sale in in its home market in 2022 and is now available in most of the rest of the world. The BYD Co. (which stands for Build Your Dreams) has surpassed Tesla to become the worldÂ’s biggest maker of electric vehicles, and has its sights set on the U.S. The selection process for World Cars involves 100-plus automotive journalists from 29 countries who vote, as they review and test-drive the eligible vehicles for the 2024 awards. Their journey is captured virtually on World Car TV. Design/Style Geneva Motor Show BMW Ferrari Ford Hyundai Kia Lexus Mercedes-Benz Toyota Volvo Best Cars World Car of the Year

    Weekly Recap: Toyota, Mazda team up to 'make cars better'

    Sat, May 16 2015

    Toyota and Mazda are teaming for a noble purpose: to "make cars better." That's how the two Japanese automakers termed their partnership, which was announced this week. So what does this actually mean? The companies said they will set up a joint committee to look for areas of cooperation and named safety and the environment as issues they plan to tackle. From a product perspective, it's believed that Toyota is interested in Mazda's Skyactive engine portfolio. In turn, Mazda has its eye on Toyota's fuel-cell and plug-in hybrid technology. While more specifics were not confirmed, the companies said the "agreement will go beyond the traditional framework of cooperation," and it has the potential to be a long-range partnership. "The main purpose of this initiative is to enhance the appeal of our cars," Toyota president Akio Toyoda said at the announcement. Previously, Mazda has licensed Toyota's hybrid tech and assembled compact cars for Toyota in Mexico. Akio Toyoda said these projects "triggered" the automakers to explore further collaboration. Dave Sullivan, product analysis manager for AutoPacific, said the tie-up echoes Daimler's wide-ranging work with the Renault-Nissan alliance. "This could be a well-groomed match due to each having very unique skill sets," he said. OTHER NEWS & NOTES Volvo selects South Carolina for US factory Volvo confirmed this week that it will build its first US factory in South Carolina, with construction set to begin this fall. The company first revealed plans in March, though it didn't announce a site. The plant will have initial annual production of 100,000 units, though the vehicle or vehicles to be assembled were not specified. The factory, located near Charleston, will open in 2018 and ultimately employ 4,000 people. The facility will help Volvo continue its growth strategy, which includes strengthening its presence in the US market, where it wants to sell more than 100,000 cars per year. "Building a plant in the US is a reflection of Volvo Cars' commitment to the US and the key role the US plays in our growth objectives," Lex Kerssemakers, senior vice president, Americas, said in a statement. Ford GT spied on the road The 2017 Ford GT was spotted testing around the Blue Oval's headquarters in Dearborn, MI, this week. The raw body panels were exposed, and they lacked paint or camouflage. It's the first time the GT has been captured on the street after a spring of auto show reveals.

    Daimler rebuffs Geely offer to buy stake

    Wed, Nov 29 2017

    HONG KONG/BEIJING - Daimler AG has turned down an offer from China's Geely to take a stake of up to 5 percent via a discounted share placement, as the German automaker has long been reluctant to see existing shareholdings diluted, sources with knowledge of the talks said. A stake of that size would be worth $4.5 billion at current market prices. Although Daimler declined the offer, it told Geely it was welcome to buy shares in the open market, the sources added. Carmakers in China have embarked on a flurry of dealmaking, as they scramble to boost production of electric and plug-in hybrid vehicles ahead of tough new quotas to be imposed by Beijing, which wants to reduce urban smog and lower the country's reliance on oil. People with knowledge of Geely's thinking said the company was keen to access Daimler's electric car battery technology and wanted to establish an electric car joint venture in Wuhan, the capital of Hubei province. Geely, which also owns Swedish car maker Volvo, is still hopeful it can secure a deal in some form over the coming weeks, they added. The two automakers met in Beijing in recent weeks at Geely's behest. There, the Chinese firm, formally known as Zhejiang Geely Holding Group, offered to take a stake of between 3 percent and 5 percent if Daimler would issue new shares at a discount, the sources said. It was not immediately clear what kind of discount for the shares Geely had in mind or whether Geely was interested in buying the shares on the open market. A spokesman for Geely declined to comment. A spokesman for Daimler said the company was "very happy with our shareholder structure at present", but added that it would welcome new investors with a long-term interest in the company. Shares in Daimler were up 1 percent in early Wednesday trade, in line with the broader market.DAIMLER ALREADY TIED TO BAIC, BYD Geely, which has a market value of some $32 billion, is the leading domestic brand in China with a 5 percent market share, according to an analysis by Nomura Securities. A stake of 5 percent would establish it as Daimler's third-largest shareholder behind the Kuwait Investment Authority and BlackRock, who hold 6.8 percent and 6 percent respectively, according to Reuters data.