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 S1 Geely Yuanjing S1 The Geely Yuanjing S1 is a compact CUV produced by Geely under the Emgrand product line, positioning the Yuanjing S1 just above the Geely Yuanjing X3 subcompact crossover. The Geely Yuanjing S1 is essentially a heavily facelifted Emgrand EC7-RV hatchback. Originally the launch vehicle for Emgrand (), the medium to high-end luxury brand of Geely that was launched in July 2009, the product was repositioned after the facelift. After the discontinuation of the "Emgrand" brand, the Emgrand name became a series of product under the Geely brand, and the Emgrand logo became Geely's new logo. The predecessing