Most Swedish car news is Volvo, founded in Gothenburg in 1927 and owned by Geely since 2010. Polestar, a former racing team that Volvo bought in 2015 and relaunched as an electric brand, is run from the same city. Koenigsegg, in Ängelholm, builds hypercars in very small numbers.
Saab, the country’s other well-known car name, ended production in 2014 after its bankruptcy.