Report: Ford reviews possible sale of Kwik-Fit chain
Ford has reportedly hired Goldman Sachs to review a potential sale of its chain of Kwik-Fit repair shops in the UK.
In a report posted on its website, The Wall Street Journal said the move is part of the car maker's new strategy.
Citing people familiar with the situation, the newspaper reported that Ford is expected to consider a broad array of strategic options, including a joint venture or a partial sale.
No decision has been made.
A spokesman for Ford had no comment on the report.
Ford bought Kwik-Fit in 1999 for $1.8bn.
