Volkswagen Shuffles Execs; Changes Truck Chief
Volkswagen AG appointed a new trucks chief, added a top executive for China and replaced three Audi board members as part of a shakeup to push forward with growth plans, Bloomberg reported Monday.
June 4, 2012Scania’s Profit Slips as European Truck Demand Stalls
Swedish truck maker Scania AB reported a first-quarter profit but its net income slipped 29% after it cut jobs to prepare for slowing European demand and raised prices on some models, Bloomberg reported Tuesday.
April 24, 2012Volkswagen Moves Toward Majority Stake in German Truck Maker MAN
Volkswagen AG moved closer to its goal of becoming Europe’s largest truck maker in moving toward gaining a majority in German truck maker MAN SE, Bloomberg reported.
July 6, 2011Volkswagen Again Boosts Stake in MAN
German carmaker Volkswagen AG Tuesday formally launched a bid for German truck maker MAN SE by boosting its stake in that company, a move that could create Europe’s largest truck maker, Reuters reported.
May 31, 2011