PRESSRELEASE | All press releases
05 April 2006 15:00 CET
Scania’s co-operation with MAN
Scania has decided to end the co-operation project with MAN regarding axles. The discussions on gearboxes continue.
In April 2003 Scania and MAN entered a co-operation agreement regarding joint development and supply of gearboxes and axles. The parties have been evaluating development and production of axles by MAN in Germany and gearboxes produced by Scania in Sweden.
“After several years of technical evaluations, our conclusion is that the financial benefits of the intended co-operation within axles are not sufficient to justify the technical complexity and related extra costs that will be added to our products”, says Leif Östling, President and CEO.
With regard to gearboxes, discussions have entered the final stage. The outcome could be that Scania becomes a supplier of certain types of gearboxes of technical specification.
For further information, please contact Hans-Åke Danielsson, Press Manager, tel. +46 8 553 856 62
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company’s operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 30,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2005, revenue totalled SEK 63.3 billion and net income amounted to SEK 4.7 billion.
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