UPDATE 1-MAN says closer ties with rival Scania possible

Newswire

(Releads, adds background) NIEPOLOMICE, Poland, Aug 16 (Reuters) - German industrial group MAN does not rule out closer links with rival truck producer Scania but for now will focus on organic growth, Chief Executive Hakan Samuelsson said on Tuesday. Speaking at the site of MAN's planned new factory in Poland, Samuelsson added he expected 2005 to prove a better year for the group's truck business than 2004, despite rises in world oil prices, which other industry players have said may hit ...

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