Premier Automotive Group preferred buyer of Volvo Cars by Ford. On 23 December 2009, Ford confirmed that all substantive commercial terms for the sale to Geely had been settled. Geely signed a deal with Ford to acquire Volvo Cars for $1.8 billion on 28 March 2010 and closed the deal on 2 August 2010. <ref name="www.ford.com/about-ford/news-announcements"></ref> Premier Automotive Group The Premier Automotive Group (PAG) was an organizational division within the Ford Motor Company formed in 1999 to oversee the business operations of Ford's high-end automotive marques. The PAG was gradually dismantled from 2006 to 2010 with the divestiture of its constituent brands. The
Geely Borui GE 190hp and 300Nm (221 lb.ft) of torque. The "GE" in Borui GE might stand for "grand evolution", "genius efficient" or "Geely elite". As the Geely Borui GE went on sale on May 28, about 2000 units of car was sold in the first hour. Geely Auto had organized a driving activity on May 10, 2018, about three weeks before going on sale. The activity was mainly about the low of fuel consumption of Borui GE. The Beijing-Shanghai journey began on the morning of May 10 and was end at midnight. What highlight is each car in event used only a