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 HQ 2005 along with the Geely MR, Geely CK, Geely CD and the Maple Marindo. Production ended in 2006. Geely HQ The Geely HQ ("Haoqing" (豪情)) is a station wagon from Chinese manufacturer, Geely Automobile. It was the first Geely product, introduced in February 1998. Originally a 993 cc Daihatsu three cylinder or a 1,342 cc Toyota inline four were offered, with or respectively. A 5 door hatchback is also available known as the "Liangjing." The HQ is based on the G100 Daihatsu Charade platform, which Geely licensed from FAW Tianjin. Its basic underpinnings are shared with the Merrie/Uliou and Rural/Urban