Koenigsegg

Koenigsegg is a Swedish manufacturer of high-performance cars based initially in Olofstrom, later moving to Ingelholm.

The company was founded in 1994 by Christian von Koenigsegg with the intention of producing a world-class supercar. Based on Formula One technology, the car was required to be a two-seater, midengine layout with a hardtop.

The Koenigsegg CC prototype was unveiled in 1997 after undergoing severe road and wind tunnel testing. The production prototype was finally unveiled to the public and press at the 2000 Paris Motor Show. The first customer took delivery of a red CC 8S in 2002 at the Geneva Auto Show, and four more cars were built that year.

Koenigsegg was established in Asia later that year with a premier at the Seoul Auto Show. In 2004, the new CCR was unveiled at the Geneva Auto Show. As of 28 February 2005, at 12:08 hrs local time, CCR holds the record for the fastest road car in the world, having attained 387.87 km/h (240.91 mph) at Italy's Nardo Prototipo proving ground. The CCR and the CC8S are both also unique in that they are fully adjustable, just like a racing car, so that the owner can set up the car to run optimally for any track it goes on.

The company has had two factories, with the first one burning down to the ground in 2003. The current factory is situated at the F10 Air Force Base near the town of Ingelholm, which lies in the southwestern-most part of Sweden. The phantom insignia on the Koenigsegg is a tribute to the Swedish squadron operating from this base, which had the ghost as its emblem.

June 2009.
Koenigsegg becomes the latest owner of Saab as part of the GM sell-off.