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Nikolai Setzer (54) will step down from the Executive Board by mutual agreement on December 31, 2025, after more than 16 years as a board member and five years as CEO. " Together with the Executive Board team and all colleagues throughout the company, we will complete the realignment and continue th...

“2026 has to be the year Europe turns challenges into real progress, delivering pragmatic solutions that protect competitiveness while driving decarbonisation. Europe must quickly become our strong home market for zero-emission technologies", Rådström said.

Under the agreement, two affordable electric car models will be initially developed: these will be Ford-branded vehicles, built on Renault Group’s Ampere platform. Nevertheless, the agreement also deals with commercial vehicles, with the development of electrically-powered vehicles as the main targe...

According to the global transportation group, "the long-term loan will support the TRATON GROUP’s research and development for the TRATON Modular System (TMS). TMS is a global, cross-brand modular platform designed to harmonize vehicle development and production. It promotes scalability, cost effici...

Verma, whose appointment will become effective in January 2026, brings over 16 years of global experience in capital markets, mergers and acquisitions, and strategic finance. Most recently, he served as CFO of LiDAR Nasdaq-listed technology company MicroVision for four years.

From January 1st, 2026, Scania will unify Sales and Marketing with Commercial Operations into a single commercial organisation called Scania Commercial. More into details, the new function will bring together global market strategies, sales execution and commercial development. The unit will be led ...