Scania plans low-cost expansion

摘要

With Volkswagen Group taking a controlling stake in Scania, the Swedish bus and truck maker has announced plans to expand annual sales to 150,000 units by 2015.rnVolkswagen is paying $2.55 billion for a 68 per cent stake in Scania in a deal now cleared by the European Commission. "Our investment in Scania is highly profitable, so there's little pressure for change," said Volkswagen.rnScania expects sales growth in its current markets of Europe, Latin America, Asia and the Middle East. The increase of 10,000-12,000 vehicles a year will be accomplished with only limited investments in production facilities. Scania said it can be achieved without sacrificing quality.rnEurope will remain its main market, with annual sales of 95,000, but the Middle East will be key, with potential for 25,000 vehicle sales per year.rnScania's product line uses a modular approach that allows it to optimise vehicles for different markets.