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 Borui GE Geely Borui GE The Geely Borui GE is a fastback car produced by Geely Automobile, providing two hybrid driving mode of mild hybrid and plug in hybrid. The model made its appearance in March 2018, and went on sale on May 28 in the same year. In late 2017 Geely unveiled a flagship hybrid fastback car 'K Model' (later renamed "Geely Borui GT") based on the Geely Borui. It had renamed "Geely Borui GE" later. On March 10, 2018, the Chinese automaker Geely organized an activity of design interpretation and static shot of the new Borui GE in Suzhou, Jiangsu.