Sweden Living World Business Sports Entertainment FAQ

Cover image for Christian Levin

Christian Levin

Scania CEO: We Shouldn't Own Northvolt Factory

The truck manufacturer Scania does not see itself as the actor that should rescue the bankrupt Northvolt factory in Skellefteå or the development operations in Västerås from closure. Our role is primarily to be a customer, says Scania's CEO Christian Levin.

Scania CEO: We Shouldn't Own Northvolt Factory

Traton Lowers North America Truck Sales Forecast Amid Tariff Impact

Scania owner Traton – Volkswagen's truck subsidiary – is lowering its forecast for North America due to the Trump administration's tariffs. At the subsidiary International's factory in Mexico, a shift has just been cancelled.

Traton Lowers North America Truck Sales Forecast Amid Tariff Impact

Scania Owner Traton Shares Rise Despite Weak Q1 Results

It was a thumbs up from the market after Scania-owner Traton's report for the first quarter. The share is rising by almost 5 percent, despite a loss and a significant slowdown when it comes to sales, both in terms of the number of vehicles and in kronor.

Scania Owner Traton Shares Rise Despite Weak Q1 Results

CEO: Geopolitical crisis can be a boost for Scania

The Scania CEO Christian Levin is worried about the geopolitical crisis in the wake of the Trump administration's takeover. But signals that Europe – with Germany at the forefront – is facing massive investments in defense and infrastructure could put money in the coffers for both Scania and the German parent company Traton.

CEO: Geopolitical crisis can be a boost for Scania

Full speed in the factory – but order intake is plummeting

Record production and deliveries and a significant profit increase characterize the third quarter for truck manufacturer Scania. However, order intake points sharply downward.

Full speed in the factory – but order intake is plummeting

Scania achieves record profit despite interest-rate pressured customers

Scania achieves its best operating result ever for a single quarter, but at the same time, one can see how customers on the European market are waiting to replace their truck fleets. Many are choosing to wait because they expect interest rates to fall, says Scania's CEO and President Christian Levin.

Scania achieves record profit despite interest-rate pressured customers