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Company Owner Notes Koenigsegg (1994–present) [1]Lynk & Co (2016–present): Geely: Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present): Geely through Volvo Cars in 2015
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.
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.
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Zhejiang Geely Holding Group also owns the Swedish carmaker Volvo. In September, Volvo scrapped its plans to only sell electric cars by 2030. Both Geely Auto and Volvo own stakes in Polestar, a ...
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]
On 28 October 2011 it was reported that Youngman and the Chinese automotive retailer Pang Da Automobile Trade Co had agreed a joint 100-million euro (US$140 million) takeover of the Swedish carmaker Saab Automobile and its United Kingdom dealer network unit from Swedish Automobile, with Youngman and Pang Da taking 60 and 40 percent stakes ...
The carmaker said it had consulted with the public before it landed on the name Milano, which is a hat-tip to the city of Milan where the group was founded in 1910.