Operating income in Scania Financial Services increased to more thanSEK 1 billion during 2014. Customers are increasingly choosing Scania as their long-term partner in vehicle financing, which has meant a growing portfolio. Lower bad debt expenses and better margins also contributed to the improved earnings.
A new priming painting shop is now being put into service at Scania’s cab manufacturing facility in Oskarshamn, Sweden. With the new paint shop, the technical capacity in Scania’s European production structure will increase from 60,000 to 80,000 truck cabs annually. About SEK 400 million has been invested in a lean and efficient production process.
Scania has become the first company in Sweden to test a wirelessly charged electric-hybrid city bus. The bus will start operating on the streets of Södertälje, Sweden, in June 2016 as part of a research project into sustainable vehicle technology.
Scania is taking the lead in wearable technology – the growing trend for fusing fashion and high tech – with a smart wristwatch that communicates with trucks. Scania Watch is a simple way of collecting information on variables including fuel consumption, driving efficiency and average speed. It can also be used to receive email, text message and phone call notifications.