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
London EV Company London EV Company London EV Company Limited (LEVC, formerly The London Taxi Corporation Limited trading as The London Taxi Company) is an automotive engineering company with its headquarters near Coventry, United Kingdom, and a wholly owned subsidiary of Chinese automaker Geely. The company is famous for its London black taxicabs. Geely's involvement in British taxicab production dated to 2006 when it partnered with LEVC's predecessor The London Taxi Company, and its parent Manganese Bronze Holdings, in the creation of a China-based taxicab manufacturing joint venture. In 2009 Geely bought shares in Manganese Bronze Holdings. In 2012 Manganese Bronze Holdings entered