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
Emgrand EC7 garages that used to sell Škodas before the company was owned by Volkswagen, and the type of establishment that once might have sold Rovers." Emgrand EC7 The Emgrand EC7 is a compact car produced by the Emgrand, division of the Chinese automaker Geely. After the discontinuation of the "Emgrand" brand, the EC7 was simply marketed as the Geely Emgrand or Geely New Emgrand in China. The EC7 was the launch vehicle for Emgrand (), the medium to high-end luxury brand of Geely that was launched in July 2009. The car was developed from the outset as an export model. Geely