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July 19, 2016 - Industry News

Truck Makers Hit With Record EU Fines for Price-Fixing in Europe

Mercedes-Benz trucks on display in 2012 at a pre-IAA Commercial Vehicle Show event. Daimler, as the largest of the truck makers involved in the EU investigation, also faces the largest fine. Photo by Sven-Erik Lindstrand.

The European Union is fining five truck makers nearly 3 billion euros for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules.

Tags: Iveco, Daimler, MAN, European Commission, European Union, Global, Volvo Group, DAF

June 30, 2015 - Global News

Renschler Named Chairman at Scania

Andreas Renschler. Photo courtesy 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.

Tags: Volkswagen, MAN, People, Scania, Global

February 5, 2015 - Industry News

Renschler Takes Over VW Trucks, Creating Speculation on Acquisitions

Andreas Renschler speaks at a 2012 event. Photo by Sven-Erik Lindstrand.

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.

Tags: Volkswagen, MAN, Scania, Global

January 9, 2013 - Industry News

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

Tags: Volkswagen, Germany, MAN, Scania

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