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The deal, set to close 30 September 2009, included US$600 million in financing from the European Investment Bank, guaranteed by the Swedish government. By comparison, in 2008 Koenigsegg with its staff of 45 produced 18 cars at an average price of US$1 million each; Saab employed 3,400 workers and made more than 93,000 cars. [24]
The 9000 was launched to the motoring press at a conference at Kolmården Game Park on 24 May 1984 [13] and 1985 in the European market. This original model called "Saab 9000 Turbo 16" was a five-door hatchback, only available with a manual gearbox and the 2.0-litre turbocharged 4-cylinder engine with 16 valves, already known from the 900.
Cederholm #2, built in 1894. The first Swedish automobile was a steam car built in 1891-92 by brothers Jöns and Anders Cederholm. They planned to use it for transportation between their home in Ystad and their summer house outside town.
Karl Benz's vehicle was the first true automobile, entirely designed as such, rather than simply being a motorized stage coach or horse carriage. This is why he was granted his patent, and is regarded as its inventor. His wife and sons became the first true motorists, in 1889, when they took the car out for the specific task of paying a family ...
Saab 96. Saab, "Svenska Aeroplan Aktiebolaget" (Swedish for "Swedish aeroplane corporation"), a Swedish aerospace and defence company, was created in 1937 in Linköping.The company had been established in 1937 for the express purpose of building aircraft for the Swedish Air Force to protect the country's neutrality as Europe moved closer to World War II.
In 2005, Volvo introduced to the Swedish market the company's first E85 flexifuel models. Volvo introduced its S40 and V50 with flexible-fuel engines, joined in late 2006 by the then new C30. All Volvo models were initially restricted to the Swedish market, until 2007, when these three models were launched in eight new European markets. [116]
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...