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 MK Geely MK Geely MK is a subcompact sedan and hatchback produced by Chinese auto maker Geely. Price ranges from 45.900 yuan to 62.900 yuan. Several versions were done and branded differently among Geely's former sub-brands. The last facelift was conducted in late 2015 changing the front and rear views and clarifying the updated model name and branding simply as the Geely Jingang under the Geely brand. The Geely Englon SC6-RV debuted as a concept at the 2010 Beijing Auto Show and started production in 2012. The Englon SC6-RV is based on the Geely Golden Eagle Cross, which are both crossover