Record earnings in Scania Financial Services

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.

Martin Lundstedt, President and CEO.

Scania’s President and CEO to lead ACEA Commercial Vehicle Board for 2015

The Commercial Vehicle Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Martin Lundstedt as its new Chairman for 2015.

Scania is continuing to invest in Sweden

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 to test wirelessly charged city bus for the first time in Sweden

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’s wearable technology ahead of its time

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.

Scania Watch

Scania ahead of the time

Scania is taking a lead in the wearable technology market with the release of the new Scania Watch. The device clearly demonstrates how companies can benefit from the trend to fuse fashion with technology.