Scania buys GM Powertrain plant to boost capacity

Newswire

STOCKHOLM, Feb 21 (Reuters) - Truck maker Scania said on Wednesday it had agreed to buy General Motors Powertrain production plant in part of its effort to boost manufacturing capacity to 100,000 vehicles a year by 2010. "This acquisition will enable Scania to increase engine component production capacity and to start production of injection systems for engines," the group said in a statement. GM Powertrain is located in Sodertalje, a town to the south of the Swedish capital, where ...

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