Automotive industry in Sweden Saab Automobile, taking full control over its subsidiary. After the failed takeover Volvo sold their shares in Scania to Volkswagen Group in the early 2000s. Volkswagen has since then increased their interest in Scania and since 2008 Volkswagen Group is the majority owner. The first Koenigsegg supercar left the factory in 2002. The price of the car keeps production on a low level but in 2013 the company delivered their 100th vehicle. The automotive industry crisis of 2008–10 has had a great impact on the formerly Swedish owned automobile makers. In 2009 Ford sold Volvo Cars to Chinese Zhejiang Geely
Geely Yuanjing Geely Yuanjing The Geely Yuanjing sedan is a compact sedan produced by Chinese automaker Geely under the Yuanjing or Vision product series. It is the first commercial car produced by Geely Automobiles. The car was first introduced in 2006. It carries the first CVVT engine designed and made in China. The car was named Geely Tiger, Biaowang and Luhu, but it later renamed "Vision" (远景,Yuǎn jǐng). Geely Yuanjing went on sale on May 18, 2007 after being adjusted by Magna Steyr. Geely Haijing (Englon Haijing) was based on SMA Haijing, which designed similar to first generation Geely Yuanjing. It carries