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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 (1996–2017) as tuner and racing team Scania AB (1911–present) Traton of Volkswagen Group: Volvo Group (1927–present) [1] Volvo Cars (1927 ...
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.
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Canada is currently the thirteenth-largest auto-producing nation in the world, and seventh largest auto exporter by value, producing 1.4 million vehicles and exporting $32 billion worth of vehicles in 2020. [1] Canada's highest rankings ever were the second-largest producer in the world between 1918 and 1923 and third-largest after 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.
Initially, a sale price of US$6 billion was reported. [29] Ford said it was also looking into the possibility of spinning off Volvo as an independent company. The Swedish government was asked to look into a possible state ownership of Volvo, or a financial bailout for Volvo Cars and SAAB of GM. Former parent AB Volvo agreed to help Volvo cut ...
ZGH acquired the Swedish passenger car maker Volvo Cars from Ford Motor Company in 2010. [17] It completed the acquisition of British taxi maker Manganese Bronze Holdings in 2013 and restructured it into London Electric Vehicle Company. [18] In 2017, ZGH acquired a majority stake in British sports carmaker Lotus Cars in 2017. [19]
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]