SAO PAULO -- Truck maker Scania AB is facing its worst financial loss in its 44-year history in Brazil. Arne Carlsson, president of Scania Latin America, says the company was more than $45 million in the red for the first nine months . The losses, he says, stem from the energy crisis in Brazil; the economic crisis in Argentina; the reduction of economic activity in Asia and Europe; the terrorist attacks in the U.S. and its slowing effect on the global economy, plus high-costs and ...
Premium Content (PAID Subscription Required)
"Scania Brazil Sees All-time Financial Loss" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.