Scania sales up

In Scania’s financial year from January 2014 to December 2014, its net sales rose 6% to SEK92,061m/£7,390.38m (2013: SEK86,847m/£6,971.8m). Order bookings were up 3% to 82,984 units (2013: 80,935 units). Total order bookings for buses and coaches were in line with the previous year at 7,192 units (2013: 7,257 units). It delivered 6,767 buses and coaches in the 12 months, down 1% from 2013’s figure of 6,853 deliveries. During the third quarter of 2014, a new bus was presented, the Scania Citywide LE, featuring Scania’s own hybrid technology. The manufacturer has also announced field tests for an electric-hybrid bus, which is wirelessly charged.

President and CEO, Martin Lundstedt, said, ‘Record service volume, record earnings in Financial Services and positive currency rate effects were partly offset by a weaker market mix. In buses and coaches, order bookings were sequentially higher, driven by Asia. In gearboxes, Scania has initiated extensive cooperation with MAN, which will mean a stronger product offering and generate significant synergies in the longer term.’