Scania puts brakes on production

2011-10-10 416

Swedish lorry maker Scania is to cut back production in Europe due to weakening demand. It will reduce output by 10 to 15 percent from November compared with the end of the third quarter. After a recent improvement in sales, debt problems in Europe and an anaemic recovery in the United States are starting to have an effect on orders. ... http://www.euronews.net/