“Europe will rebound”
The European market has started a little better than expected. There were concerns before 2014 about how demand would be affected by last year’s pre-buys of Euro 5 trucks, but the pre-buy effect was shorter than feared. “We are now seeing a gradual return to more ‘normal’ levels of demand,” says Bengt Thorsson, Executive Regional Director, European Region at Scania.
Scania Value Quarter 1 2014
The latest edition of Scania Value focuses on services ‒ an area where Scania believes there will be growth and where the company is now taking a broader approach with new packages of services. The magazine also contains an interview with Scania’s Bengt Thorsson, Executive Regional Director, European Region, who believes that the European market will rebound during 2014. One of the drivers of this trend is that the average age of Europe’s truck population has increased – which means that there is a replacement need.
Annual General Meeting 2014
The Annual General Meeting of Scania AB (publ) 2014 was held at 14:00 CET (2:00 p.m.) on Wednesday, 11 June 2014 at Marcus Wallenberg Hall, Scania, Södertälje, Sweden.
“Prepared for growth”
Scania is prepared for future growth. The strategy includes moving into new markets and segments while boosting service revenue per vehicle. “We have a strong history of profitable growth and feel sure that our strategy will give us a stable foundation for this in the future,” says Scania President and CEO Martin Lundstedt.