Latest news with #Scania
BBC News
18 hours ago
- Automotive
- BBC News
A14 Northamptonshire crash sees one person seriously injured
A van driver was seriously injured in a collision which closed a busy emergency services were called to the A14's eastbound carriageway, between the junction for the M1 and junction one near Welford, at about 09:00 BST on crash involved a Mercedes Sprinter van and a Scania Police said the van driver, a man in his 20s, was taken to hospital with serious injuries. The A14 eastbound was reopened at about 16: appealed for anyone with dashcam footage to get in touch. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.
Yahoo
6 days ago
- Automotive
- Yahoo
Traton SE (TRATF) Q2 2025 Earnings Call Highlights: Navigating Market Challenges with Strategic ...
Deliveries: Increased by 9% over Q1, but only 1% year-over-year. Sales Revenue: Declined by 2% year-over-year. Adjusted Return on Sales: Declined to 6.4% in Q2. Net Cash Flow: Positive development in Q2, slightly better than 2024. Incoming Orders: Up 11% overall, with a 27% increase in Europe year-over-year. Unit Sales in Europe: Up by 3% to 36,600 units in Q2. Order Intake in Europe: Increased by 27% to 31,400 units. Unit Sales in North America: Up by 5% to 18,200 vehicles in Q2. Order Intake in North America: Down by 15% to 9,300 units. Unit Sales in South America: Down 8% to 16,600 vehicles. Order Intake in South America: Down 7% to 16,300 units. Total Group Revenue: EUR11.3 billion, a 2% decline year-over-year. TRATON Financial Services Revenue: Increased by 14%. Scania Margin: 9%, impacted by negative volume and currency effects. MAN Adjusted Return on Sales: 7.9%, 3.3 percentage points higher over Q1. International Margin: 3.3% in Q2. Volkswagen Truck & Bus Adjusted Return on Sales: 12.9% in Q2. TRATON Financial Services Return on Equity: 8.4%. Gross Cash Flow: EUR2.0 billion in the first half of 2025. Net Debt: Increased by EUR1.2 billion. Adjusted Outlook for 2025: Lowered unit sales and revenue outlook, with a decline expected between -10% and 0%. Adjusted Return on Sales Outlook: 6% to 7% for TRATON Group, 7% to 8% for TRATON Operations. Net Cash Flow Guidance: Expected between EUR1 billion and EUR1.5 billion. Warning! GuruFocus has detected 4 Warning Signs with TRATF. Release Date: July 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Traton SE (TRATF) saw a 9% increase in deliveries over Q1, indicating some recovery from a slow start to the year. The company reported a strong order intake in Europe, with a 27% year-over-year increase, despite a slowdown in momentum. Traton SE (TRATF) is advancing its electrification strategy, with Scania launching a high-capacity charging solution and MAN starting production of heavy-duty electric trucks. The company completed the rollout of its integrated financial services backbone in 14 strategic markets, enhancing support for commercial operations. Traton SE (TRATF) is making significant strides in its transformation efforts, including the operational start of a unified group research and development organization. Negative Points Traton SE (TRATF) faced a 2% drop in sales revenues year-over-year, reflecting ongoing market challenges and unfavorable mix effects. The company lowered its full-year outlook due to tough market conditions in North America and economic challenges in Brazil. Scania's adjusted return on sales declined to 6.4% in Q2, primarily due to volume effects and currency headwinds. The book-to-bill ratio dropped below 1, indicating a decline in order intake relative to sales. Traton SE (TRATF) is experiencing high dealer stocks and economic challenges in South America, particularly in Brazil, affecting sales performance. Q & A Highlights Q: Could you help us understand the assumptions behind the guidance on sales and revenue, specifically regarding volume and pricing? A: Michael Jackstein, CFO, explained that the volume decrease played a significant role in the first half, along with unfavorable mix effects. He noted that challenging market conditions often come with pricing pressure, but Traton believes in maintaining a solid pricing level due to their strong product offerings. He highlighted regional differences, with Europe seeing a slowdown in order momentum and North America experiencing significant lower intakes due to uncertainties. Q: Could you quantify the headwinds impacting Scania's margins this quarter, and do you expect a similar run rate for the remainder of the year? A: Christian Levin, CEO, stated that the main issues were declining volumes and currency effects, particularly in Latin America. Scania is facing a competitive environment in Brazil and Mexico, with high interest rates affecting customer financing. He noted that while pricing is maintained, mix effects and lower sales in profitable markets are impacting margins. He does not foresee significant changes within the year. Q: What is your outlook for North America, considering some peers are optimistic about a recovery? A: Christian Levin expressed a more cautious outlook, citing high inventory levels and customer hesitancy due to uncertainties like tariffs and EPA regulations. He mentioned that while pro-business policies could help, the expected EPA prebuy will not happen this year, and the tariff discussions are creating further uncertainty. Q: Can you discuss the differences in demand and production between Scania and MAN in Europe? A: Christian Levin explained that MAN is increasing production from a lower base, benefiting from stronger demand in Germany, while Scania is slightly reducing production due to a leveling out of order intake. He noted regional variations, with Central Europe showing some improvement, while the Nordics and Eastern markets are more hesitant. Q: Regarding the Section 232 tariffs, what would be the implications for Traton, and how might you mitigate the impact? A: Michael Jackstein stated that while they are considering various outcomes, they do not want to speculate on potential impacts. He emphasized that Traton is prepared to adjust to different scenarios but did not provide specific mitigation strategies. Q: How is the modular system development progressing, and what should we look for next? A: Christian Levin highlighted the integration of common components like the CD1 engine and the electric drivetrain between Scania and MAN. He mentioned future developments in electrical architecture and software, as well as plans to standardize interfaces for chassis and cabs, which will enhance product differentiation and efficiency. Q: Can you provide insights into the inventory levels in the US and how long the destocking process might last? A: Christian Levin noted that while Traton's industrial inventory is at reasonable levels, dealer inventories across the industry are high. He speculated that the destocking process could last until the end of the year, depending on demand changes. Q: What are your thoughts on the potential for improving demand in North America, given the current challenges? A: Christian Levin suggested that resolving tariff discussions could significantly boost demand, as the underlying US economy is strong, and there is a need for fleet renewal. He also mentioned that a decrease in interest rates could further stimulate investment. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
The Sun
6 days ago
- The Sun
Woman, 19, dead and two seriously injured after horror crash with lorry on busy road
A 19-YEAR-OLD woman has tragically died and two others have been injured after a horror car crash with a lorry on a busy road. A Hyundai i10 was in collision with a Scania Tipper HGV on the A4 Bath Road, according to cops. 1 is your go-to destination for the best celebrity news, real-life stories, jaw-dropping pictures and must-see video. Like us on Facebook at and follow us from our main Twitter account at @TheSun.
Yahoo
24-07-2025
- Automotive
- Yahoo
Six injured in crash between car and tipper truck
A person is in hospital with potentially life-changing injuries after a crash between a car and a tipper truck, police have said. The crash happened between Bristol and Bath on the A420 Tog Hill crossroads with Freezinghill Lane and Gorse Lane at about 11:00 BST, said police. Four other occupants of the car and the driver of the truck were also injured, though not as seriously, said officers. The A420 was shut between the junction with Bath Road at Wick and the A46 Cold Ashton roundabout. Freezinghill Lane was also closed between Bath Road and the A420, and Gorse Lane was closed between the A420 and the A46, said police. More news stories for Bristol Watch the latest Points West Listen to the latest news for Bristol Avon and Somerset Police said the crash involved a blue Volvo XC90 with five occupants and a red Scania tipper truck, which overturned and shed its load. All of the occupants of the car were understood to be adults and their immediate next of kin had been made aware, a police spokesperson said. The force said specialist recovery would be needed for the lorry. Anyone with footage that could help the investigation was asked to call 101. Follow BBC Bristol on Facebook, X and Instagram. Send your story ideas to us on email or via WhatsApp on 0800 313 4630. Related internet links Avon & Somerset Police
BBC News
24-07-2025
- Automotive
- BBC News
Six injured in crash between car and tipper truck on A420
A person is in hospital with potentially life-changing injuries after a crash between a car and a tipper truck, police have crash happened between Bristol and Bath on the A420 Tog Hill crossroads with Freezinghill Lane and Gorse Lane at about 11:00 BST, said other occupants of the car and the driver of the truck were also injured, though not as seriously, said A420 was shut between the junction with Bath Road at Wick and the A46 Cold Ashton roundabout. Freezinghill Lane was also closed between Bath Road and the A420, and Gorse Lane was closed between the A420 and the A46, said police. Avon and Somerset Police said the crash involved a blue Volvo XC90 with five occupants and a red Scania tipper truck, which overturned and shed its of the occupants of the car were understood to be adults and their immediate next of kin had been made aware, a police spokesperson force said specialist recovery would be needed for the with footage that could help the investigation was asked to call 101.
