Ford Motor Company sports car maker Aston Martin in 1989, later selling it on March 12, 2007, although retaining an 8% stake. Ford purchased Volvo Cars of Sweden in 1999, selling it to Zhejiang Geely Holding Group in 2010. In November 2008, it reduced its 33.4% controlling interest in Mazda of Japan to a 13.4% non-controlling interest. On November 18, 2010, Ford reduced their stake further to just 3%, citing the reduction of ownership would allow greater flexibility to pursue growth in emerging markets. Ford and Mazda remain strategic partners through exchanges of technological information and joint ventures, including an American joint venture
Geely MR 303 (official model code was MR 7130 X3) and is only built with the smaller engine. Production for the Uliou ended in 2005 with approximately 15,000 units. Geely MR The Geely Merrie is a subcompact car produced by chinese automaker Geely Automobile from 2003 to 2009. The MR is produced in five-door hatchback (Merrie / 美日) and four-door sedan (Uliou / 优利欧) body styles. The MR is based on the Daihatsu Charade platform, which Geely licensed from Xiali. Its base underpinnings are also shared with the HQ/Haoqing and Rural/Urban Nanny. The MR was shown at the 2005 Frankfurt Motor Show