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Scania suspends US$20m investment in South Korea

Swedish truck manufacturer Scania's unit in South Korea, Scania Korea Ltd, has put on hold its planned investment of US$20m in the country. This move follows a request from Volkswagen AG, Scania's largest shareholder. The truck manufacturer had originally intended to complete a maintenance plant in the country, located in the It’s time to log … Continued

Swedish truck manufacturer Scania's unit in South Korea, Scania Korea Ltd, has put on hold its planned investment of US$20m in the country. This move follows a request from Volkswagen AG, Scania's largest shareholder.

The truck manufacturer had originally intended to complete a maintenance plant in the country, located in the

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