etruck.com.au

I have to thank Oliver Dixon from the World Trucks blog for pointing etruck towards this story in Reuters. The report talks about a story due to appear in the German ‘Manager Magazin’ suggesting Volkswagen may use MAN to take a stake in Isuzu trucks. So far, no detail of any offer has been reported [...]

The repositioning of Volkswagen has begun with the German carmaker selling off its truck and bus manufacturing capacity in Brazil to MAN, a company of which they still own 20%. The sale, worth US$2.4 billion, has been announced this week and will take effect in the first quarter of 2009.

The Volkswagen Group has received the antitrust approvals necessary to acquire a majority voting stake in Swedish truck manufacturer Scania. The majority voting stake is expected to be acquired on July 22, 2008. In addition to the approval by the European Commission, a large number of antitrust proceedings were required in other countries worldwide.

Navistar to buy MAN? http://cdn-2-service.phanfare.com/images/external/4957656_2188279_31986031_Full_3/0_0_05d6df088956d6ecca96d6d742752e72_1 The possibility of Navistar using Caterpillar’s money to buy Volkswagen’s share in MAN has been broached by industry commentator Oliver Dixon in his World Truck’s Blog. The agreement by the European authorities to approve Volkswagen’s takeover of Scania has led to speculation about the future of MAN. Dixon reckons Navistar [...]