Musical chairs at the top of Scania

The ramifications which have followed the swift departure of its CEO to take up the post of CEO at Volvo continue to play out for Scania. Martin Lundstedt left his role as Scania CEO in the days before a major restructure of the truck making businesses owned by the Volkswagen group, Scania, MAN and VW trucks in South America.
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Musical chairs at VW explained

The probable reason behind a couple of big moves at the top of Volkswagen and the two truck brands it owns, Scania and MAN, is explained by an announcement this week. VW has announced it is creating an integrated commercial vehicles group to be called Truck & Bus to become the holding company for its commercial vehicle brands.
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new bid to buy Navistar

Where to for VW?

News this week has stirred up speculation about Volkswagen’s plans to expand its truck manufacturing business. By coincidence, Navistar sat down with the US truck press to talk about the company’s performance at around the same time as Andreas Renschler was taking the reins of the Volkswagen truck business.
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New in Hannover

Once every two years the trucking world descends on Hannover for the IAA. This is, probably, the world’s biggest truck show and subject to a lot of attention. Global launches of trucks and trailers abound and everyone has something new to sell. This year, Daimler have introduced their Future Truck 2025 concept, the self driving truck in this video.
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Where now for VW?

Volkswagen have announced it now has bought enough shares in Scania to enable the German vehicle maker to buy out all of the existing shareholders. Swedish law requires any entity which controls 90 per cent of a company’s shares to buy out the remainder.
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Volkswagen to take bigger Scania stake

In a bid to further integrate Scania into the Volkswagen business, the German car maker is making an offer to buy out the remaining shareholders in the Swedish truck builder. An offer has been publicly made offering a premium of over 50 per cent on the existing share price for any shareholder and amounts to a total spend by VW of $11.75 billion.
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