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 produced by Oshkosh.
April 17, 2015Business
VW 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, Bloomberg News reported.
February 24, 2014Business
Scania 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.
July 19, 2013Business
Scania’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.
April 23, 2013Business
Scania’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.
January 30, 2013Business
Scania’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 reported Tuesday.
April 24, 2012Business
Volkswagen 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.
May 10, 2011Business
Scania’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.
February 7, 2011Business
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.
June 16, 2010