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Andreas Renschler, the former head of commercial trucks for Daimler who went to work heading up Volkswagen's commercial truck operations earlier this year, has been appointed as the new chairman of the board of Scania.

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Penske to Acquire Australia & New Zealand Vehicle Distributor

Automotive retailer Penske Automotive Group, Inc., announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia.

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