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 CK Geely had planned to begin selling the model in Puerto Rico in 2007 on the way to beginning sales in Mainland America the next year. However, since Geely failed the IIHS and NHTSA safety tests, plans are currently halted. The CK was also shown at the Frankfurt Motor Show in 2005 along with four other Geely models. At least 1,500 Geely CKs were shipped to Cuba in 2009, where they would replace some of the many Lada 2105s used by government officials and police. The car is thus becoming a common sight in Cuba. Displacing the old Russian-made Ladas, it