UPDATE 1-VW trucks division targets strong profitability gain in 2017

Newswire

* VW trucks unit targets 9 pct oper margin over long-term * Profit rebound requires improvement in Brazil -CFO * VW in talks about possible Sinotruk stake increase (Adds CEO comments, detail and background) MUNICH, March 20 (Reuters) - Volkswagen's truck division aims to significantly increase its profitability this year as deepening cooperation between the MAN and Scania brands and improving overseas markets spur business, it said on Monday. ...

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