Sweden-based Volvo has reached a deal with the major shareholder of rival Swedish truck maker Scania to buy a controlling interest in the company. Volvo has been trying to buy Scania since early this ...

Volvo AB has raised its voting stake in Scania AB to 15.1%, elevating tension between Sweden's rival truck makers. Volvo increased its voting stake by 2.1% last week. In January, Volvo bought 13.5% of ...

There is a new power war going on in the semi-truck segment. Swedish giants Volvo and Scania have been exchanging blows for ...

[Stay on top of transportation news: Get TTNews in your inbox.] Traton SE is banking on its Swedish Scania brand, one of the world’s most profitable truck makers, to beat a path to challenging ...

FRANKFURT, Feb 12 (Reuters) - Any deal to merge Germany's MAN AG with Swedish rival Scania would not relieve competitive pressure on the trucks market, Volvo Chief Executive Leif Johansson told a ...

STOCKHOLM, March 1. /TASS/. Volvo and Scania announced suspension of their business in Russia, TT news agency reports. Volvo Cars decided to halt sales of new cars in Russia. "Considering the ...

BERLIN, Sept 24 (Reuters) - Germany has quietly dropped a proposal for a new pan-European truck toll from the agenda of its European Union presidency, prompting calls by environmental groups and truck ...

Truckmaker needs to “walk the talk” and deliver: Traton CEO Global truck makers prepare for end of diesel-engine dominance ...