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 Yuanjing by Chinese manufacturers at the time, providing ABS and EBD systems for all models. Geely Haijing, which was developed from SMA Haijing, is one of the flagship commercial automobile produced by Chinese car manufacturer Geely. It was introduced in 2009 by Shanghai Maple Motors, later renamed Englon SC7 or Englon Haijing. The Haijing equipped 2 front parking sensors and 4 rear parking sensors. The high match models are powered with 1.8T engine with 6-speed automatic transmission produced by Australian gearbox manufacturer Drivetrain Systems International. The Geely Yuanjing sedan went through a few facelifts with code names FC, FC2, and the