VW to fold MAN, Scania into trucks unit -report

Newswire

FRANKFURT, Nov 28 (Reuters) - Volkswagen's plans to lift its stake in MAN SE to above 50 percent and fold the truckmaker into a new commercial-vehicles group at VW, a German magazine reported on Saturday. The new structure of VW's trucks businesses should be drawn up before 2011, the year VW had planned to hammer out its tie-up with Porsche SE , business weekly Wirtschaftswoche cited people familiar with the matter as saying in an excerpt of an article to be published on Monday. The news ...

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