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Scania Growth Capital invests in Swedish automation company

Scania Growth Capital invests in Swedish automation company

Scania’s corporate venture capital-fund announces its next investment. Scania Growth Capital will become part owner of Swed-Weld, a leading producer of add-on equipment for the optimisation of automated manufacturing lines. Swed-Weld is based in Sweden and its primary product is feeding machines for welding nuts, which are an important part ...

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Completion of third Leoni plant in Serbia

Leoni, a global provider of energy and data management solutions in the automotive sector and other industries, completed and inaugurated its third Serbian plant in Nis today. Harnesses for one of the world’s premium carmakers are being manufactured on a production space of 20,000 m². The investment value of the ...

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Mitsubishi Motors launches XPANDER exports from Indonesia

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Mitsubishi Motors today proudly announced the export launch of its popular XPANDER small MPV from its state-of-the-art manufacturing facilities in Bekasi, Indonesia. The Philippines will serve as the first export market for the vehicle in ASEAN, to be followed by Thailand, Vietnam and additional international markets in the coming months, ...

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New Porsche Experience Centre at the Hockenheimring

Porsche Experience Centre, Hockenheimring

Another Porsche Experience Centre has been given the green light: The world’s seventh customer experience centre from the sports car manufacturer is due to be built at the Hockenheimring. Over the next two years, a 176,000-square-metre area at the heart of the historic circuit will see the construction of a ...

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Volvo Group – the first quarter 2018

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“In the first quarter the Volvo Group increased its net sales by 16% to SEK 89.1 billion with good demand in most markets globally. Our operating income amounted to SEK 8.3 billion (6.8) with a corresponding margin of 9.3% (8.9). Earnings in Construction Equipment continued to increase strongly while Trucks ...

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