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 Boyue launched on the 12th of December 2018 at the Kuala Lumpur Convention Centre. The X70 is available with four variants: Standard 2WD, Executive 2WD, Executive AWD and Premium 2WD. All variants are powered by a 1.8 litre turbocharged gasoline direct injection or TGDI engine and pared to a 6-speed automatic gearbox. The Premium 2WD variant features ADAS or 'Advanced Driver Assistance System' which is a suite of collision avoidance systems which consists of: Geely Boyue The Geely Boyue is a compact crossover SUV produced by Chinese automaker Geely. Originally planned to be launched as part of the Emgrand series during