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Volkswagen might sell one of its engines units

Volkswagen might sell one of its engines units

Sources told Reuters that several investors were interested in buying one of Volkswagen’s units which make engines used in ships or small power stations. With costs over the emissions scandal mounting up, many analysts are speculating that Volkswagen will eventually be forced to sell some assets to cope with the […]

Volkswagen Considering Taking Full Control Over MAN

Volkswagen Considering Taking Full Control Over MAN

If Volkswagen agrees to take over MAN, the German truck units shouldn’t expect additional synergies. “Each investor would have to decide for themselves at a shareholders meeting whether (approving a domination agreement) makes sense for them,” Frank Lutz told reporters in Munich. Currently Volkswagen owns over 75% of MAN’s share […]

Volkswagen dispels doubts over MAN, Scania tie-up

Volkswagen dispels doubts over MAN, Scania tie-up

Volkswagen announced its truckmaking subsidiaries MAN and Scania will have closer ties in the future, denying a report that wrote the plan for a deeper integration had been dropped. Analysts said the plans for a tie-up were going slowly and that the slow pace of implementation suggested the full merger […]