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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
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Polestar is a Swedish automotive manufacturer that produces electric cars. Principally owned by Li Shufu 's PSD Investment, Geely Holding and Volvo Cars (each with ties to the Geely industrial conglomerate), [ 2 ] [ 3 ] the company is headquartered in Torslanda outside Gothenburg , Sweden.
The family-oriented, safety-obsessed Swedish carmaker, has won huge market share with young families over its nearly 100-year history thanks to its low injury rates in collisions.
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 automotive industry in Sweden is mainly associated with passenger car manufacturers Volvo Cars and Saab Automobile but Sweden is also home of two of the largest truck manufacturers in the world: AB Volvo and Scania AB. The automotive industry is heavily dependent on export as some 85 percent of the passenger cars and 95 percent of the heavy ...
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 ...
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.