Scania

1  -  5  of  5

June 9, 2014

Scania: Sleeping Giant in Emerging VW Truck Portfolio?

Volkwagen's takeover of Scania may seem like it should only matter to Europeans, but the German automaker's goal is to be able to compete in commercial vehicles alongside global rivals Volvo and Daimler. North America is likely in its game plan.

June 9, 2014

Scania, VW Key to Commercial Truck Growth

Last month, Volkswagen, which already controlled more than 89% of the voting rights in the Swedish truck maker Scania, made a 6.7 billion euro ($9.2 billion) takeover bid. VW's goal is to combine Scania with its Volkswagen Commercial Vehicles business and the German truck maker MAN. VW gained full control of MAN last year after taking a majority stake in 2011. This is a big step in the German automaker's plan to create a massive trucks alliance to compete in global markets against rivals Volvo and Daimler – both of which have U.S. truck operations as well. Read more about Scania here.

May 13, 2014

Volkswagen to Take Control of Scania, Stepping up Commercial Vehicle Efforts

Its $9.2 billion offer to buy out the truck-making arm of the Swedish vehicle manufacturer Scania has been accepted, according to published reports.

May 9, 2013

As EU Contemplates CO2 Reduction, is More Power the Answer?

The European Union is following the U.S. lead in cutting greenhouse gas emissions in the transportation industry, but one approach may differ from that of North America: Larger engines and bigger rigs.

January 9, 2013

Volkswagen Seeking Control of MAN

Volkswagen is seeking full control over German truck maker MAN through a "domination and profit and loss transfer agreement," a type of German contract similar to a parent company and subsidiary

« Previous1Next »

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



GotQuestions?

LUBRICANTS

The expert, Mark Betner from Citgo will answer your questions
Ask a question

Sponsored by

Magazine