Record order for Taiwan
Scania has signed its largest-ever bus order in Taiwan: the Formosa Fairway Corporation, FFC, is buying 50 new Scania K113 buses for its expanding express-bus service. The first bus chassis, with locally built bodies, will be delivered in December. The new buses will enter regular service during the first half of 1996.
This order is a direct consequence of the Taiwanese government's decision to open up additional stretches of motorway to competition in the long-distance passenger sector. Until recently, the motorway network was reserved by law for just two companies: the state-owned TNTC and its sole private competitor, United Highway Corporation.
The new sectors which have now been opened to FFC are commuter routes between Taipei and Lincow.
The new buses feature the very latest advances in modern long-distance public transport. All 50 buses are equipped with Scania's 11-litre 320 hp engine and the GR801 gearbox. For added safety, they also feature an electric auxiliary brake system.
FFC is backed by the Formosa Plastic Group, one of Taiwan's leading business conglomerates. The Group already runs 100 Scania trucks and 30 Scania buses in its various operations.
A total of about 6,000 Scanias currently operate on Taiwan's roads. Since 1982, Scania has been represented in Taiwan by Forefront International. The largest domestic Scania customer is Evergreen, which operates a fleet of 330 Scanias.
Coinciding with this new order for Taiwan, Singapore-based TIBS (Trans Island Bus Service) has placed an order for 15 new Scania low-floor buses for Singapore's city operations. The order was secured in the face of stiff competition from the world's foremost manufacturers. These new buses are of a partly new design developed specifically for south-east Asia's tough conditions.
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 21,000 employees and production facilities in Europe and Latin America, it is one of the most profitable companies in its sector. In the first six months of 1995, turnover totalled approx. SEK 18,000 million and profits after depreciation approx. SEK 2,800 million. Scania products are marketed in about 100 countries worldwide and almost 97% of total production is sold outside Sweden. Scania is a wholly-owned subsidiary of Investor, a Swedish public investment company.