Scania has revealed that it will have to make significant reductions in the size of its global workforce, citing the serious reduction in demand for its products as a result of the coronavirus pandemic. Scania president and chief executive Henrik Henriksson (pictured) admitted the company now has 5,000 more staff than needed. “Our assessment is that it will take a long time before market demand reaches pre-crisis levels and we therefore need to adapt the organisation to the new situation […]
The TRATON group, which includes Scania and MAN, believes the EU’s target of cutting carbon emissions from heavy trucks over 16 tonnes by 15% by 2025 can be achieved largely with conventional engine technology but the much tougher target of a 30% reduction by 2030 will require significant sales of alternative drive trains, mainly battery electric.
Maritime Transport saw pre-tax profit rise almost 10% year-on-year despite the collapse of “significant customer” Hanjin Shipping last year.