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| SCANIA |
Scania Aktiebolag (publ), commonly referred to as Scania AB or just Scania, is a Swedish automotive industry manufacturer of commercial vehicles - specifically heavy trucks and buses. It also manufactures diesel engines for motive power of heavy vehicles, marine, and general industrial applications.
Founded in 1891 in Södertälje, Sweden, the company's head office is still in the city. Today, Scania has ten production facilities in Sweden, France, Netherlands, Argentina, Brazil, Poland, and Russia. In addition, there are assembly plants in ten countries in Africa, Asia and Europe. Scania's sales and service organisation and finance companies are worldwide. In 2008, the company employed approximately 35,000 people around the world.
Scania is now majority owned by Volkswagen AG, the parent company of automotive concern Volkswagen Group, making it the ninth marque of the Group.
Scania's logo shows a Griffin, from the coat of arms of the Swedish region of Scania (Swedish: Skåne).
Scania AB (Scania is Latin for the province of Skåne) came from a merger between the two companies; Vabis and Scania.
Vabis (Vagnsfabriksaktiebolaget i Södertälje) was founded in 1891 as a subsidiary of Södertälje based steel company Surahammars Bruk, manufacturing railway carriages. In 1902, engineer Gustaf Erikson designed the company's first truck, powered by a petrol engine and two-speed gearbox. A year later, the first order was placed for a Vabis commercial vehicle. By 1907, the company had developed a 3-ton truck, however, though it won a Swedish Royal Automobile Club award in 1909, the new range was a financial disaster for the company, failing to attract more than a handful of orders.
Maskinfabriks-aktiebolaget Scania was founded in 1900 in Malmö in the south of Sweden, and was in the beginning a manufacturer of bicycles, but by 1903 the first cars left the factory. Two years later, Scania built their first truck.
Following the financial problems at Vabis, the companies merged in 1911, creating AB Scania-Vabis. Engine and car production was moved to Södertälje, and truck production took place in Malmö.
In 1969, Scania-VABIS merged with SAAB, and formed Saab-Scania AB. When Saab-Scania was split in 1995, the name of the truck and bus division changed simply to Scania AB. One year later, Scania AB was introduced on the stock exchange, which resulted in a minor change of name to Scania AB (publ).
Many examples of Scania, Vabis and Scania-Vabis commercial and military vehicles can be seen at the Marcus Wallenberg-hallen (the Scania Museum) in Södertälje.
The two major stockholders of Scania AB (publ) are:
* he German automotive company Volkswagen AG is Scania's biggest shareholder, with a 70.94% voting stake (equity) in Scania. It gained this by first buying Volvo's stake in 2000, after the latter's aborted takeover attempt, increasing it to 36.4% in the first quarter 2007, and then buying the remainder from Investor AB in March 2008. The deal was approved by regulatory bodies in July 2008. Scania then became the ninth marque in the Volkswagen Group.
* The German truck manufacturer MAN SE holds a 17.37% voting stake in Scania. Notably, Volkswagen AG also owns a 29.9% voting stake in MAN, acquired in Q1 2007.
Scania AB (publ) has a total issue of 400 million 'A shares' and 400 million 'B shares', with a total capitalised value of SEK 72,880 million. In terms of voting rights, one 'A share' is eligible for one vote, whereas 10 'B shares' are required for one vote.
As of 29 January 2010, these shares, as published by Swedish Central Securities Depository and Clearing Organisation ("Euroclear"), are allocated to 119,973 owners, and the table below details the top ten shareholders.
Scania develops, manufactures and sells trucks with a gross vehicle weight of more than 16 tonnes (Class 8), intended for long-distance haulage, regional, and local distribution of goods, as well as construction haulage.
Scania's bus range is concentrated on bus chassis, intended for use in tourist coaches, as well as urban and intercity traffic.
Scania's industrial and marine engines are used in generator sets and in earthmoving and agricultural machinery, as well as on board ships and pleasure crafts.
Scania also designs and manufacture clothes especially designed for truckers under the label Scania Truck Gear.
P-series - typical applications are regional and local distribution, construction, and various specialised operations associated with locally-based transportation and services. P-series trucks have the new P cabs, which are available in three variations: a single-berth sleeper, a spacious day cab and a short cab
G-series - the G-series models offer an enlarged range of options for operators engaged in national long haul and virtually all types of construction applications. All models have a G cab, and each is available as a tractor or rigid. The G-series truck comes with five cab variants: three sleepers, a day cab and a short cab. There are different axle configurations, and in most cases a choice of chassis height and suspension
R-series - the R-series model range debuted in 2004, and won the prestigious International Truck of the Year award in 2005 and again in 2010. The range offers various trucks optimised for long haulage. All models have a Scania R cab, and each vehicle is available as a tractor or rigid. There are different axle configurations and a choice of chassis height and suspension. The Scania R730, the most powerful variant of the R-series, currently holds the record for the most powerful production truck. Its 16.4 Liter DC16 Turbo Diesel V8 engine produces 730 PS (540 kW; 720 hp) at 1,900 rpm and 3,500 N·m (2,600 lb·ft) of torque at 1,000 - 1,350 rpm.
Scania's involvement with internal combustion engine production dates back to 1897, when engineer Gustav Erickson designed the engine for the company's first motor car. Over the subsequent years, Scania has grown to be one of the world's most experienced engine manufacturers, building engines not only for trucks and buses, but also for marine and general industrial applications, which are exported across the globe.
The table below shows the locations of the current and former production facilities of Scania AB. As Scania is now majority owned by Volkswagen AG, making it part of Volkswagen Group, the table also includes Volkswagen Group references.
Notes: In the second column of the table:- the 'factory VIN ID code', this is indicated in the 11th digit of the vehicles' 17 digit Vehicle Identification Number, and this factory code is only assigned to plants which produce actual vehicles. Component factories which do not produce complete vehicles do not have this factory ID code.