Volvo Cars investing HK$2.59 billion (334 million USD) in the holding company. Ford Motor Company offered Volvo Cars for sale in December 2008, after suffering losses that year. On 28 October 2009, Ford confirmed that, after considering several offers, the preferred buyer of Volvo Cars was Zhejiang Geely Holding Group, the parent of Chinese motor manufacturer Geely Automobile. On 23 December 2009, Ford confirmed the terms of the sale to Geely had been settled. A definitive agreement was signed on 28 March 2010, for $1.8 billion. The European Commission and China's Ministry of Commerce approved the deal on 6 and 29 July
Geely Yuanjing X1 and the "Emgrand" Family. The three families accelerate Geely's motto of "Young" and "Comprehensive". Former Geely Vision X1 was called Emgrand V01 and was published in early 2017. The Geely Yuanjing X1 was launched on the Chinese car market in May 2017. Price ranges from 39,900 yuan to 57,900 yuan. The Yuanjing X1 is based on the Geely Panda sold from 2009 to 2017. The Vision X1 carries on Geely GX2's supermini CUV car style to ingratiate the post-90s generation. The interior is more fancy. The idea of the dashboard came from surf boards. The 11.6 inches touchscreen carries Geely's