Volkswagen will increase Mann's shares and merge them into Scania

According to news from foreign sources, Volkswagen Group is currently considering increasing the share of MAN Group to 50%, and intends to merge it with Scania, another commercial vehicle division under Volkswagen, to form a new commercial vehicle division. .

MAN-TGX Series

According to informed sources, after the completion of the Porsche acquisition in 2012, the Volkswagen Group will reorganize its commercial vehicle division.

However, Volkswagen Group spokesman was not to comment.

The Volkswagen Group currently holds 30% of the Man Group and 71% of Scania's shares. Man Group's truck business has been declining in recent years. According to previous reports by the German media, the Man Group’s planned truck production next year will remain as low as this year.

The figures released by relevant departments on Wednesday showed that European truck sales fell by 57% in October, which is the eighth consecutive month of decline.