Scania Group makes provision in relation to EC cartel investigation


 

Scania Group has made a SEK 3.8bn (£334m) provision in relation to the European Commission’s (EC’s) truck cartel investigation, but contests the EC’s view that it was involved in price-fixing. The manufacturer said in a statement: “Scania has fully cooperated with the European Commission during the investigation. However, Scania contests the commission’s view that the company has entered into a pan-European agreement with other manufacturers with regard to pricing. “Also, the company has not delayed the introduction of new engines […]