UPDATE 1-Volkswagen considers options for transmissions maker Renk - sources

Newswire

(Adds potential bidders, background) By Arno Schuetze and Edward Taylor FRANKFURT, July 17 (Reuters) - Volkswagen is considering options for majority-owned transmissions maker Renk , as the German carmaker streamlines operations to help fund an overhaul following its emissions scandal, people close to the matter said. Volkswagen (VW) is working with Citi to decide on the future of Renk, which may result in a sale of the maker of transmissions and ...

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