SODERTALJE, Sweden, May 17, 2002 (PRIMEZONE) -- Scania's (NYSE:SCVA) (NYSE:SCVB) British distributor, Scania (Great Britain) Ltd., has signed a three-year agreement with supermarket chain Asda to lease 253 trucks to the company.
Owned by U.S. giant Wal-Mart, Asda is the third largest supermarket chain in Britain, and operates stores and goods distribution services nationwide. The Asda fleet already includes Scania distribution trucks.
The trucks covered by the contract hire agreement are tractors with different engine powers.
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 28,300 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 2001, turnover totalled SEK 53,000 million and the result after financial items was SEK 1,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden.
Scania press releases are available on the Internet, www.scania.com
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
www.waymaker.net/bitonline/2002/05/17/20020517BIT00810/wkr0001.doc www.waymaker.net/bitonline/2002/05/17/20020517BIT00810/wkr0002.pdf