No Comment On Kwik-Fit Sale
The progression of the Kwik-Fit sale by Ford has resulted in speculation in the press as to the selling price. The latest figures vary around the 300 – 350 million pound mark. A Ford spokesman in the USA told T&A that the company was not prepared to comment on the selling price, other than to say that “Kwik-Fit will not be sold unless there is a fair price for the company. Discussions are progressing towards that end but the conclusion of the sale could be within a week, a month or sometime next year.”