VW now VV?

[quattro <quattro@acacianet.com>]

Report: VW, Volvo talking

                 FRANKFURT, Germany - Volkswagen reportedly is in talks with
                 Swedish automotive group Volvo about a possible alliance. 

                 The Wall Street Journal quoted unidentified sources in Wednesday's
                 editions as saying the two companies were in preliminary talks on a
                 business cooperation that eventually could lead to a merger. 

                 The newspaper said Volkswagen, Europe's largest carmaker, is looking
                 for a partner that could help it enter the market for medium and heavy
                 trucks. Volvo is one of the world leaders in that area. 

                 Volvo says its chief, Leif Johansson, met with Volkswagen chairman
                 Ferdinand Piech on Friday in Goteborg, Sweden, but has refused to
                 comment further. Volkswagen refused to comment. 

                 Volkswagen's commercial-vehicle division specializes in light vans and
                 minibuses. 

                 Volkswagen recently announced it intends to buy two luxury
                 automakers - Rolls-Royce Motor Cars of Britain and Italy's
                 Lamborghini. And just two months ago, Daimler-Benz and Chrysler
                 Corp. shook the auto world with their own merger plans. 


-glen