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Now that the initial brouhaha has died down after the news broke of the Volkswagen Truck & Bus investment in Navistar last month, there is probably one big question that still needs an answer in a lot of North American minds: Like, who the heck is Volkswagen?
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Scania's new R- and S-series trucks have been awarded the 2017 International Truck of the Year award by a jury of 25 European commercial vehicle industry journalists.
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Swedish truck maker Scania is introducing a new range of trucks that it is calling the result of the largest investment in the company’s history.
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Specially equipped Scania trucks will travel on Siemens' first eHighway system, which it has opened on a public road in Sweden on a 2-kilometer stretch of the E16 highway north of Stockholm.
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Next year, Sweden-based truck and bus maker Scania will start testing electric trucks on an electric road.
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Former Daimler Trucks head Andreas Renschler started work this week as head of rival Volkswagen's trucks business, once again creating speculation that VW may look to North American shores as it works toward goals of expanding its global footprint.
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Volkwagen's takeover of Scania may seem like it should only matter to Europeans, but the German automaker's goal is to be able to compete in commercial vehicles alongside global rivals Volvo and Daimler. North America is likely in its game plan.
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Last month, Volkswagen, which already controlled more than 89% of the voting rights in the Swedish truck maker Scania, made a 6.7 billion euro ($9.2 billion) takeover bid. VW's goal is to combine Scania with its Volkswagen Commercial Vehicles business and the German truck maker MAN. VW gained full control of MAN last year after taking a majority stake in 2011. This is a big step in the German automaker's plan to create a massive trucks alliance to compete in global markets against rivals Volvo and Daimler – both of which have U.S. truck operations as well. Read more about Scania here.
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Its $9.2 billion offer to buy out the truck-making arm of the Swedish vehicle manufacturer Scania has been accepted, according to published reports.
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The European Union is following the U.S. lead in cutting greenhouse gas emissions in the transportation industry, but one approach may differ from that of North America: Larger engines and bigger rigs.
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