Volvo stopped posting profits in 2005 and in 2008, Ford decided to sell its interest in Volvo Cars; in August 2010, Ford completed its sale of Volvo to the parent of Chinese motor manufacturer Geely Automobile for $1.8 billion.
Volvo stopped posting profits in 2005. Ford decided to sell its interest in Volvo Cars. This was in 2008. Ford completed its sale of Volvo to the parent of Chinese motor manufacturer Geely Automobile for $1.8 billion. This was in August 2010.