Volkswagen-owned truckmaker Scania said on Thursday that demand in China had bounced back since the start of this year, but it was bracing for a ...
STOCKHOLM: Volkswagen-owned truckmaker Scania said on Thursday that demand in China had bounced back since the start of this year, but it was bracing for a potentially significant drop in UK orders if Britain leaves the EU under a"hard" Brexit.
"Requests coming in from our customers especially the big ones, they tended to slow down the pace of renewing their fleet . But it looks like now the market is coming back," Henriksson told Reuters by phone. "What we have also done is prepare ourselves if there would be a hard Brexit... but if it would be a hard Brexit, then we expect that the market will drop significantly," Henriksson said.
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