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Scania opens third global industrial hub in China
Yahoo Finance· 2025-10-16 10:13
Swedish truck manufacturer Scania, a part of VW Group's commercial vehicle unit - the Traton Group - has opened its third global industrial hub in China. The site, covering an area of 800,000m², is located in Rugao, Jiangsu Province. The project represents a €2bn (about $2.3bn) investment for the company and will employ 3,000 people. Authorised to produce up to 50,000 vehicles annually, the facility is intended to serve customers in China along with targeted export destinations throughout Asia and other ...