The Car and Truck Fleet and Leasing Management Magazine

Volkswagen Integrates Divisions in Commercial Vehicles Unit

May 08, 2015

Volkswagen AG said it will create an integrated commercial vehicles unit by transferring the shares held in Scania AB to Truck & Bus GmbH, according to a report in the Wall Street Journal.

The wholly-owned Volkswagen subsidiary already holds 75.28 percent of the voting rights in MAN SE, according to the report.

The trucks and buses business will help leverage the full synergy potential between the brands, particularly the three commercial vehicle companies MAN Truck & Bus AG, MAN Latin America and Scania AB, according to the report.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Up Next

More From The World's Largest Fleet Publisher