Scania Q1 orders surge, sees stable demand

Newswire

STOCKHOLM, April 28 (Reuters) - Truck maker Scania posted an 166 percent rise in order bookings of its vehicles in the first quarter on Wednesday from a dismal year-ago quarter and said it saw stable demand in the second quarter. Scania, majority-owned by German autos group Volkswagen AG , had already published the headline numbers of its first quarter as booming demand in Brazil had lifted earnings well above market expectations. [ID:nLDE63C1KH] "In Scania's overall assessment, the ...

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