Premier Automotive Group protect their use of the name Land Rover. Ford sold Jaguar and Land Rover to Tata Motors in March 2008 for £1.15 billion. As part of Ford's sale of Jaguar and Land Rover to Tata Motors, the defunct Rover brand name was included, as well as the Daimler and Lanchester marques. Ford purchased Volvo's automotive division in 1999 while Volvo's commercial vehicles division became a separate company. Both share the use of symbols and trademarks. Geely was reported to have approached Ford in mid-2008 about a possible takeover of Volvo Cars. On 28 October 2009, Geely was named as the
China Formula Grand Prix China Formula Grand Prix China Formula Grand Prix (CFGP) (), formerly known as Asian Geely Formula International Open Competition, is an open wheel formula racing class in China. The car, co-designed by Geely, China's biggest private-owned vehicle producer and racing cars production company Van Diemen, marks the first time that a Chinese domestic car producer is involved in the racing car design. CFGP uses a 1.8-litre 4G18 engine; the car weighs 490 kg and has a maximum speed of 240 km/h. The engine can produce 140 bhp at 6,300 rpm and 172 N/m of torque at 4,100 rpm. After an