Scania CEO sees Q1 demand, orders improving yr/yr

Newswire

STOCKHOLM, March 31 (Reuters) - Scania , Europe's third-biggest truck maker, said on Wednesday demand and orders in the first quarter would be higher than in the same period of last year. "There is a positive trend in demand and orders so far," Leif Ostling told Reuters at the firm's capital markets day, but would not give any figures. The company also said that its new range of long-haul R-series trucks, launched on Wednsday, would account for 20 percent of its total sales this year.

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