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 hatchback versions of the Geely MK which was also known as the Geely Jinying. Based on the Geely MK sedan, the Geely Englon SC6 originally revealed as a concept in 2011. The production version debuted at the Beijing Auto Show in April 2012. Three engines were available including a 1.3L, a 1.5L and a 1.8L mated to a six-speed tiptronic gearbox. Price ranges from 53.800 yuan to 60.800 yuan. 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