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Ford considering sale of Volvo

US car maker Ford is looking at the sale of its Swedish division Volvo, according to reports.

A spokesman told the AFP news agency that Ford was in the middle of a broad strategic  review of all of its operations. But he said there were no specific talks going on at the moment.

The spokesman also said 'third parties' had expressed an interest in acquiring Jaguar and Land Rover and the company was working with outside consultants to determine if a sale was advisable.