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SCANIA U.S.A. TO DISCONTINUE U.S. IMPORTATION OF HEAVY TRUCKS; SWEDISH TRUCK & BUS MANUFACTURER WILL CONTINUE DEALER PARTS & SERVICE COMMITMENT

SCANIA U.S.A. TO DISCONTINUE U.S. IMPORTATION OF HEAVY TRUCKS; SWEDISH TRUCK & BUS MANUFACTURER WILL CONTINUE DEALER PARTS & SERVICE COMMITMENT
 ORANGE, Conn., June 18 /PRNewswire/ -- Scania U.S.A. Inc., the U.S. subsidiary of Scania Trucks and Buses, a business area of Saab-Scania Sweden, today announced that it will discontinue U.S. importation of Scania class eight heavy duty trucks for the United States market, effective Dec. 31, 1992.
 The Swedish truck and bus manufacturer has been marketing a limited line of trucks for distribution throughout the northeast and some central regions of the United States since 1985.
 According to John P. Clark, chairman & CEO, Scania U.S.A Inc., "Scania will cease importation into the United States market due to the fact that there is a limited potential in our premium market segment which does not satisfy Scania's long-term, world wide business objectives."
 Scania U.S.A. Inc. will continue its parts and service commitment through its 17 Scania dealers and will honor all warranty obligations. There are approximately 700 Scania trucks in operation in the northeast and some central regions of the United States.
 Scania U.S.A. Inc. will also continue to provide parts and service support to Scania bus customers and Scania industrial and marine engine distributors and customers, through its corporate headquarters in Orange, Conn.
 Scania U.S.A. Inc. Management Reorganized
 In conjunction with the above announcement, Raymond N. Altieri, has been named president of Scania U.S.A. Inc. Altieri formerly served as vice president, finance-and-administration and treasurer for Scania U.S.A. Inc.
 Clace Sundberg has been appointed vice president, after-sales services, of Scania U.S.A. Inc. Sundberg was formerly parts and service manager.
 Bjorn Michelsen, formerly president, will remain with Scania U.S.A. Inc. as factory liaison until his return to a new position at Scania headquarters in Sodertalje, Sweden.
 John P. Clark will remain as chairman of the board and CEO.
 -0- 6/18/92
 /CONTACT: Raymond N. Altieri of Scania U.S.A., 203-795-2120/ CO: Scania U.S.A. Inc. ST: Connecticut IN: AUT SU:


TQ-LR -- NY029 -- 1475 06/18/92 11:38 EDT
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Publication:PR Newswire
Date:Jun 18, 1992
Words:360
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