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Scania to Cut Production

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Scania LogoScania has announced that their production will be cut from this month – down by as much as ten to fifteen percent.  Not a good sign, as orders are usually taken months in advance and production volumes reflect demand closely.

Scania believes that the Greek and US problems are coming home to roost once more and economic activity is being affected and that is making their customers hesitant in placing orders.

Scania’s production cut will hit about 900 of its 1,400 contract workers, who the company said would not have their contracts renewed when they expired, between now and February.

About Jason Hodge (1361 Articles)
Editor of Commercial Vehicle Dealer Magazine, Jason has worked in the commercial vehicle industry since leaving university over 20 years ago.