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Scania Q1 Profits Dip On Currency And Truck Pricing Hits

Despite a 4.3% year-on-year increase in vehicle deliveries in the first three months of 2013, Scania has reported revenue and operating income falls of 3.9% and 16.8%, respectively, primarily reflecting adverse currency trends and pressure on truck prices against a background of weak demand in Europe and strong competition. As Subscribe to Automotive World to … Continued

Despite a 4.3% year-on-year increase in vehicle deliveries in the first three months of 2013, Scania has reported revenue and operating income falls of 3.9% and 16.8%, respectively, primarily reflecting adverse currency trends and pressure on truck prices against a background of weak demand in Europe and strong competition. As

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https://www.automotiveworld.com/articles/scania-sees-q1-profits-dip-on-currency-and-truck-pricing-hits/

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