Scania is to appeal today’s €881m (£771m) fine from the European Commission (EC) over price-fixing, after refuting the findings. In a statement the truck manufacturer said: “Scania has reviewed today’s decision by the EC concerning inappropriate exchange of information during the period of 1997-2011, and will appeal against it. “Scania strongly contests all the findings and allegations made by the EC, and will appeal against the decision in its entirety.” In response to the commission’s claim that it had not […]
Late last year, Scania held a high level conference in Brussels to discuss how European road freight transport can cut CO2 emissions while remaining competitive. MT caught up with recently appointed Scania chief executive Martin Lundstedt at the event.
Scania is celebrating its best ever year in the UK with a total of 6,846 trucks registered in 2013, up 47% on 2012, lifting its share of the heavy truck market (18 tonnes GVW plus) from 16.1% to 18.1%.
Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown.