VW's Piech not aiming to merge MAN, Scania - paper

Newswire

FRANKFURT, Nov 25 (Reuters) - Volkswagen Chairman Ferdinand Piech does not intend to merge truckmakers MAN SE and Scania , the Sueddeutsche Zeitung newspaper reported without giving a source for the information. Speculation about a merger has increased after MAN Chief Executive Hakan Samuelsson unexpectedly resigned on Monday, which analysts saw as boosting chances for a three-way truck alliance among VW, MAN and Sweden's Scania. [ID:nGEE5AM25Z] VW has a nearly 30 percent voting stake in ...

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