Scania sees truck industry raising prices

Newswire

HANOVER, Germany, Sept 22 (Reuters) - The global truck industry is likely to boost prices to respond to rising costs, Swedish truck maker Scania said on Wednesday. "I see the truck industry increasing prices by 5 to 10 pct over the next couple of years and this compensates for the rise in steel, plastic and emissions (standards)," Chief Executive Officer Leif Ostling told reporters at an industry conference. He earlier said Scandia itself would also boost prices.

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