Ford and Renault Initial Talks on Volvo Sale
Iron-based alloy powder is commonly used in plasma transfer arc welding (PTAW) due to its excellent mechanical properties and high resistance to corrosion and heat. This type of powder is typically composed of iron as the base metal, along with various alloying elements such as nickel, chromium, molybdenum, and tungsten. Fe Alloy Powder,Stainless Powder,High Temperature Powder,Iron Base Pta Welding Powder Luoyang Golden Egret Geotools Co., Ltd , https://www.hvafspray.com
According to sources, Ford Motor Co., Ltd. has had preliminary discussions with Renault Motors on the sale of Volvo, but negotiations on the price issue will soon end.
The person said that as early as last fall, the two sides had to negotiate, after a year after the two sides will once again put the issue of Volvo sold to the negotiating table. Sources also said that Ford had already discussed with Volvo, China’s third-largest automaker, about Volvo’s cooperation.
Ford spokesman Mark Truby declined to comment on Volvo's sale. "We announced earlier this year that Volvo will not be sold, and we will focus on improving its operating efficiency."
However, sources said that although Ford said that there is no plan to sell Volvo, the loss giant has already begun to contact potential buyers.
Industry analysts pointed out that for the past two years, Ford has lost more than $15 billion in losses, and the plan to turn a profit in 2009 will apparently fail. It wouldn't be impossible for Ford to get Volvo out of cash.
Due to the dismal operation, Ford plans to close 16 North American factories and lay off tens of thousands of people in recent years. In addition, the company has pledged 33.0 billion assets to improve operations in 2006.
Ford bought Volvo cars for $ 6.45 billion in 1999 and lost $ 151 million in the first quarter of this year.
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The specific composition of the iron-based alloy powder may vary depending on the desired properties and application requirements. For example, adding nickel can increase the strength and toughness of the weld, while chromium enhances the corrosion resistance. Molybdenum and tungsten are often added to improve the high-temperature strength and creep resistance of the weld.
Iron-based alloy powders for PTAW are available in various particle sizes, typically ranging from a few micrometers to several hundred micrometers. The powder is usually fed into the plasma arc through a powder feeder, which ensures a controlled and consistent supply of powder during the welding process.
During PTAW, the powder is melted and deposited onto the workpiece, forming a weld bead. The high energy plasma arc provides the heat necessary to melt the powder and the base metal, creating a strong and durable weld joint.
Overall, iron-based alloy powder for plasma transfer arc welding offers excellent weldability, high mechanical properties, and resistance to corrosion and heat, making it suitable for a wide range of applications in industries such as aerospace, automotive, and power generation.