Volkswagen’s plans to sell Traton Group, which contains the Scania and MAN brands, have been revived. Following a board meeting yesterday (13 May 2019), Volkswagen announced that the IPO will go ahead “before the summer break, depending on further developments on capital markets”. The move comes just days after Traton delivered record financial results for the first quarter of 2019, and two months after the IPO was put on hold due to “tough” market conditions. Read more Volkswagen’s plan to […]
Corporate Solutions Logistics (CSL) has added 44 trucks and trailers to its fleet to support growing volumes on its contract with supermarket chain Lidl.
Heavy truck sales are expected to surge at least 10% in 2013 compared with this year as operators delay buying Euro-6 vehicles, which will replace Euro-5 in 2014. The predicted spike in Euro-5 sales in 2013 is expected to result in longer lead times for new trucks. One operator, Andrew Spence-Wolrich, general manager of bulk specialist Hargreaves Transport, has been told he must order Euro-5 trucks by March 2013 to be sure of getting them. Truck makers MT spoke to […]
Karima Haji has been appointed transformation director for Scania (Great Britain).