Geely A subsidiary of the group, Geely Auto, had its IPO on the Stock Exchange of Hong Kong in 2004. The company had a booth at the 2005 Frankfurt Motor Show, and a 2006 showing at the Detroit auto show. Geely approached Ford in mid-2008 about a possible takeover of Volvo Cars. On October 28, 2009, it was named as the preferred buyer of Volvo by the American automaker. A deal was reached in late March and completed in early August, 2010. In 2010, total sales of over 415,000 units gave the company a near 2% market share. Sales were lower
Ford Escort (China) Ford Escort (China) The current generation Ford Escort is a compact car sold on the Chinese and Taiwanese market by the Ford Motor Company. Following its announcement in mid-2013 that they intended reviving the "Escort" name for a car based on an older version of the Ford Focus, Ford launched the new Escort in January 2015. Ford had used the Escort name on three earlier car lines; firstly on a variant of the Ford Squire sold in the UK 1955 to 1961, then on the better-known European Ford Escort sold from 1968 to 2004, and the North American Ford Escort