For Motor Company is an American multinational corporation and the world's third largest automaker based on worldwide vehicle sales. Based in Dearborn, Michigan, a suburb of Detroit, the automaker was founded by Henry Ford and incorporated on June 16, 1903. Ford's overseas business encompasses only one truly global brand (Volvo of Sweden) other than the Ford brand itself, but it also owns a one-third controlling interest in Mazda of Japan and a small holding in former subsidiary Aston Martin of England. Its former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India in March 2008, both companies having been through many changes of ownership in the recent past. Lincoln and Mercury are also Ford's aspirational brands in the USA, but not in the rest of the world. Ford also sold the brand names of Daimler (excluding certain rights sold to Germany's Daimler AG), Lanchester, and Rover to Tata Motors of India.