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 BL Geely BL The Geely BL is a coupe automobile from Chinese manufacturer, Geely Automobile. The "BL" name stands for "Beauty Leopard". The car was designed with help from Daewoo and was introduced to production in January, 2003. It is best known outside China for being the first vehicle with an in-car karaoke machine. The car's design seems to copy mostly the Toyota Celica, with the front taking inspiration from the Honda Integra and the rear from the Toyota Supra. The Geely BL is considered a sports car in China. It has a top speed of 180 km/h (approx 111 mph).