Volkswagen

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October 18, 2016

Commentary: VW Does More Than You Think

Now that the initial brouhaha has died down after the news broke of the Volkswagen Truck & Bus investment in Navistar last month, there is probably one big question that still needs an answer in a lot of North American minds: Like, who the heck is Volkswagen?

September 21, 2016

Navistar and VW Chiefs Talk Up Their Alliance Deal

Just two weeks after revealing they had forged a “wide-ranging strategic alliance,” the chief executives of Volkswagen Truck and Bus and Navistar International Corp. fielded questions from North American journalists covering the massive IAA truck show opening this week in Hannover, Germany.

September 8, 2016

Earnings Watch: Navistar Third Quarter Loss Grows, Revenue Declines

Navistar International Corp. released fiscal third quarter financials on Thursday morning showing its losses grew in the third quarter of the year while revenue fell 18%, following news on Tuesday that Volkswagen is taking a minority interest in the Illinois-based company.

September 6, 2016

Navistar, Volkswagen Announce 'Wide Ranging Strategic Alliance'

Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.

September 5, 2016

VW to Buy Stake in Navistar, Reports Say

Published reports indicate that Volkswagen's commercial trucks arm will soon announce it's buying nearly 20% of Navistar's shares and in return will sell diesels to the American truck builder and get two seats on the board.

July 5, 2016

VW Settlement Includes Funds for Truck Emissions Reduction

Part of Volkswagen AG’s recent settlement with the Federal Trade Commission over its emissions-cheating scandal will fund diesel emissions-reduction efforts in the heavy-duty truck industry.

February 9, 2016

VW Trucks Chief Cites U.S., China as Key Areas for Expansion

In an interview with Bloomberg, the head of Volkswagen’s truck business said the U.S. and China are among key regions for possible expansion.

November 20, 2015

Commentary: Why VW’s ‘defeat device’ is different from what happened in trucking

The current situation surrounding the VW emissions scandal parallels trucking’s emissions difficulties that led to the “consent decree” in 1998.

July 30, 2015

VW Updates Transporter and Caddy Vans

We check out the updated Volkswagen Transporter and Caddy Vans in France and Sweden and ask the question, could these vans be U.S. bound?

June 30, 2015

Renschler Named Chairman at Scania

Andreas Renschler, the former head of commercial trucks for Daimler who went to work heading up Volkswagen's commercial truck operations earlier this year, has been appointed as the new chairman of the board of Scania.

February 5, 2015

Renschler Takes Over VW Trucks, Creating Speculation on Acquisitions

Former Daimler Trucks head Andreas Renschler started work this week as head of rival Volkswagen's trucks business, once again creating speculation that VW may look to North American shores as it works toward goals of expanding its global footprint.

July 31, 2014

Paccar: No Merger Talks with VW

In early July, a top Daimler Trucks official told reporters that fellow German company Volkswagen would make a bid to buy American truck maker Paccar. VW denied it the rumor at the time, and now Paccar has come out with a statement as well.

July 3, 2014

Rumors Say Volkswagen to Bid for Paccar; VW Denies it

Rumors have been around for a while that Volkswagen will try to buy a U.S. truck maker. Earlier rumors centered on International, but the latest is Paccar, with Reuters running a story Thursday about takeover plans and VW denying it.

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.

February 21, 2014

Former Daimler Truck Head Renschler Headed to Volkswagen

The former head of Daimler Trucks, who left the company last month after less than a year of overseeing Mercedes Benz cars and vans at parent company Daimler AG, will be taking over responsibility for commercial vehicles at Volkswagen AG.

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

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