News Snapshot:
STOCKHOLM (Reuters) - Truck maker Scania is planning to invest billions of Swedish crowns to make China its third global production hub after Europe and Latin America, it said on Tuesday, after confirming the establishment of a truck production plant in the country. Reuters reported earlier on Tuesday that Scania had bought a truck company in China, giving it a wholly owned unit that will allow it to produce vehicles in the world's biggest auto market for the first time. The company it has acquired, Nantong Gaokai, is based in Rugao, a city near Shanghai that it also developing hydrogen...
