Geely an important step for the Chinese carmaker in their quest to make inroads into the lucrative ASEAN region. In July 2017 the company purchased Terrafugia, an American maker of flying cars. In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators. In December 2017, Geely invested € 3.25 billion into Swedish truck and construction company Volvo Group, a former parent company of Volvo Cars. The deal has made the company the biggest shareholder with 8.2 % of stake and 15.6 % of voting rights. Furthering its expansion and reach, Geely purchased a 9.7% stake
Ford S-Max Ford S-Max The Ford S-Max (stylized as Ford S-MAX) is an MPV produced by Ford Europe for the European market. Ford also describes the S-Max as an SAV. Introduced at the 2006 Geneva Motor Show, the S-Max went on sale alongside the new generation Galaxy in June 2006. The S-Max is intended to be sporty as a saloon, and spacious as an MPV. It shows inspiration from the seven-seater large MPV Galaxy, and compact MPV Ford C-Max. The S-Max has received many positive reviews and awards, and was voted European Car of the Year 2007 on 13 November 2006. Ford