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
Luqiao District 6 subdistricts and 4 towns: Luqiao District Luqiao District (; Tai-chow dialect: Lu-giao K'ü) is a district of Taizhou in Zhejiang Province, People's Republic of China. The district has an area of and a population of approximately 425,200. Luqiao District was established in 1994, having previously been a town under the administration of Huangyan County (present-day Huangyan District). Luqiao is the location of Taizhou Luqiao Airport and also is the headquarters of Taizhou Commercial Bank and Zhejiang Tailong Commercial Bank, making it the financial capital of Taizhou. Geely Car group originated from Luqiao and has a large manufacturing base here.