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
Emgrand EC7 garages that used to sell Škodas before the company was owned by Volkswagen, and the type of establishment that once might have sold Rovers." Emgrand EC7 The Emgrand EC7 is a compact car produced by the Emgrand, division of the Chinese automaker Geely. After the discontinuation of the "Emgrand" brand, the EC7 was simply marketed as the Geely Emgrand or Geely New Emgrand in China. The EC7 was the launch vehicle for Emgrand (), the medium to high-end luxury brand of Geely that was launched in July 2009. The car was developed from the outset as an export model. Geely