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Christian Levin

Scania CEO: We Shouldn't Own Northvolt Factory

Scania CEO: We Shouldn't Own Northvolt Factory

Mon 28 Apr 2025 13:14 CEST

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

Traton Lowers North America Truck Sales Forecast Amid Tariff Impact

Traton Lowers North America Truck Sales Forecast Amid Tariff Impact

Mon 28 Apr 2025 13:00 CEST

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

Scania Owner Traton Shares Rise Despite Weak Q1 Results

Scania Owner Traton Shares Rise Despite Weak Q1 Results

Mon 28 Apr 2025 08:04 CEST

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

CEO: Geopolitical crisis can be a boost for Scania

CEO: Geopolitical crisis can be a boost for Scania

Mon 10 Mar 2025 13:27 CET

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

Full speed in the factory – but order intake is plummeting

Full speed in the factory – but order intake is plummeting

Mon 28 Oct 2024 08:06 CET

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

Scania achieves record profit despite interest-rate pressured customers

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Scania achieves record profit despite interest-rate pressured customers

Fri 26 Jul 2024 08:07 CEST

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