Scania Expands Dealerships in Iraq
Swedish truck maker Scania AB opened its second dealership in Iraq and seeks to start another one this year as the country’s reconstruction spurs demand, Bloomberg reported.
View ArticleScania’s Profit Triples on Stronger European Demand
Swedish truck maker Scania AB’s fourth-quarter profit tripled as the European truck market rebounded, Bloomberg reported.
View ArticleVolkswagen Boosts Stake in German Truck Maker MAN
Volkswagen AG has raised its stake in German truck maker MAN SE, as it seeking to forge a deeper truck alliance between the two companies and Sweden’s Scania AB, Bloomberg reported.
View ArticleScania’s Profit Slips as European Truck Demand Stalls
Swedish truck maker Scania AB reported a first-quarter profit but its net income slipped 29% after it cut jobs to prepare for slowing European demand and raised prices on some models, Bloomberg...
View ArticleScania’s 2012 Profit Drops on Lower Production
Swedish truck maker Scania AB reported its 2012 profit dropped 29% on lower production due to an economic decline in Europe, Bloomberg News reported Wednesday.
View ArticleScania’s First-Quarter Profit Drops
Swedish truck maker Scania AB reported its first-quarter profit dropped but orders jumped 31% on European fleet replacements, Bloomberg News reported.
View ArticleScania to Boost Production as 2Q Truck Orders Rise
Swedish truck maker Scania AB said it plans to increase production as its second-quarter orders rose 15%, Bloomberg News reported Friday.
View ArticleVW Offers $9.2 Billion for Remaining Scania Stake
Volkswagen AG has offered 6.7 billion euros ($9.2 billion) to Scania AB shareholders to buy the remaining 37.4% of the Swedish truck maker, part of a plan to become a global heavy-truck manufacturer,...
View ArticleScania to Provide Engines for Some Oshkosh Trucks
European truck and engine maker Scania has entered into a partnership with U.S.-based specialty truck maker Oshkosh Corp., in which Scania will deliver low-emission engines for airport product vehicles...
View ArticleVolkswagen Creates Truck Group to Push MAN, Scania Cooperation
Volkswagen AG created a holding company for its MAN and Scania heavy-truck units in the latest effort to kick-start cost savings and cooperation efforts after buying the former rivals.
View ArticleScania to Test Overhead Line-Powered Trucks in Real-World Conditions
Scania said it will begin testing electric trucks powered by overhead lines in real-world conditions starting next February.Scania
View ArticleScania to Test Hydrogen-Powered Trucks
Scania Inc. said it will partner with one of Norway’s largest trucking companies to test trucks powered by electrical energy converted from hydrogen gas in fuel cells in the vehicle.Asko
View ArticleVolkswagen Trucks Unit Allocates Development Projects Within Scania, MAN
Volkswagen AG’s heavy-truck business assigned development of components for its largest vehicles to Swedish brand Scania, while MAN will be in charge of mid-sized and smaller models to reduce costs by...
View ArticleVolkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing
Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the...
View ArticleScania Tests Hydrogen-Electric Heavy-Duty Trucks
Truck maker Scania is testing hydrogen-electric heavy-duty trucks with Asko, Norway’s largest convenience goods wholesaler.The trucks will run in distribution service for distances of almost 500 km...
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