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
Automotive industry in China traditional "Big Four" domestic car manufacturers are SAIC Motor, Dongfeng, FAW and Chang’an. Other Chinese car manufacturers are Geely, Beijing Automotive Group, Brilliance Automotive, Guangzhou Automobile Group, Great Wall, BYD, Chery and Jianghuai (JAC). As of late 2018, several multinational manufacturers have partnerships with domestic manufacturers to make cars in China. Some are long-standing, such as the 30 years for Audi and FAW; granted, this alliance was not manufacturing cars in China until more recently. The main industry group for the Chinese automotive industry is the China Association of Automobile Manufacturers (中国汽车工业协会). China has its traditional “Big four” state-owned domestic