STOCKHOLM, Sweden, Jan. 22, 2002 (PRIMEZONE) -- Scania (NYSE:SCVa) (NYSE:SCVb) and the U.S. coach manufacturer MCI (Motor Coach Industries) today announced at the UMA bus exhibition in Indianapolis, Indiana that the companies are discussing several forms of co-operation.
The discussions between the companies will focus on the possibility for MCI to use Scania components for coaches, as well as co-operation in marketing and aftersales activities.
"MCI and Scania both have strong brand names and are renowned for offering high-quality products," says Rolf Hedberg, Sales Director Scania Bus America. "A co-operation between Scania and MCI would enhance options and technologies for the North American marketplace.
"The discussions will allow Scania to determine the feasibility of working with MCI to create new opportunities through expanded product offerings that may enter the North American market in the coming years."
Motor Coach Industries, headquartered in Schaumburg, Illinois, manufactures and markets motor coaches for inter-city, tour, line haul, transit and conversion uses and has enjoyed a majority share of the inter-city market during the past 20 years. The company operates plants in Pembina, North Dakota; Winnipeg and Manitoba, Canada; and Sahagun, Mexico; and six sales and service centres in the U.S. and Canada. Its MCI Parts subsidiary is the leading supplier of coach-related aftermarket parts. For further information, please visit MCI's site at www.mcicoach.com
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 26,900 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector.
In 2000, turnover totaled SEK 53,800 million and the result after financial items was SEK 4,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden. Bus manufacture takes place in Sweden, Poland, Argentina, Brazil and Mexico. For further information, please visit www.scania.com
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