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 by Chinese manufacturers at the time, providing ABS and EBD systems for all models. Geely Haijing, which was developed from SMA Haijing, is one of the flagship commercial automobile produced by Chinese car manufacturer Geely. It was introduced in 2009 by Shanghai Maple Motors, later renamed Englon SC7 or Englon Haijing. The Haijing equipped 2 front parking sensors and 4 rear parking sensors. The high match models are powered with 1.8T engine with 6-speed automatic transmission produced by Australian gearbox manufacturer Drivetrain Systems International. The Geely Yuanjing sedan went through a few facelifts with code names FC, FC2, and the