Volkswagen faces resistance to set a merger between Scania and MAN
Volkswagen AG is facing criticisms from its investors and workers regarding its efforts to create a commercial-vehicle alliance between Man SE and its Scania AB affiliate. Supervisory... Read more
Volkswagen chairman Ferdinand Piech denies the fact that MAN and Scania are for sale
According to German daily Financial Times Deutschland, Volkswagen AG chairman Ferdinand Piech denied that the company will sell truckmakers MAN and Scania, rejecting Fiat S.p.A.'s... Read more
VW adds 5 more years to contract of CEO Martin Winterkorn to overtake Toyota
The contract of Volkswagen AG's CEO, 63-year-old Martin Winterkorn, was extended by five years as he seeks to complete a merger with Porsche Automobil Holding SE and outdo Toyota Motor... Read more
Porsche Engineering will help Scania to develop new truck cabs
To help strengthen their relationships under the Volkswagen AG umbrella, Porsche Engineering will assist Swedish truckmaker Scania to develop new truck cabs. Volkswagen holds a majority... Read more
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