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0Report: Volkswagen acquiring 55.9% stake in MAN SE to become Europe's largest truckmaker 1310129880
There's plenty of room to get lost in the Volkswagen Group. In addition to the VW brand, the group controls Skoda, Seat, Audi, Porsche, Lamborghini, Bentley and Bugatti. But we can't forget its truck divisions. In addition to being Europe's largest automaker, VW is also one of its largest ...
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Truckin': Scania to accept Porsche's "token" offer? 1233793560
"Sometimes your cards ain't worth a dime if you don't lay em down." The Grateful Dead couldn't have realize it at the time, but in the legal world of Mergers & Acquisitions, the lyrics to its cult classic song Truckin' may prove prophetic.After acquiring majority stake in the Volkswagen group, ...
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Not Much Obliged: Porsche makes mandatory offer on Scania trucks 1232551620
Ever get the impression that the person offering you something doesn't really want you to take it? Well imagine that idea on a multimillion-dollar scale, as Porsche has submitted its obligatory low-ball offer on Scania.The Swedish truckmaker, formerly under the same ownership as Saab and sharing ...
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Big Wig to Big Rig: Pischetsrieder to oversee truck merger 1163464440
The earliest reports on the "resignation" of Volkswagen group CEO Bernd Pischetsrieder indicated that while he'd be replaced as chief executive, he would be retained to take on "special assignments". What such ambiguous duties might entail was a mystery, but it's looking like he may be put in ...
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World's Most Beautiful Autos named 1162753080
As part of the 22nd Annual International Automobile Festival, a team of judges has chosen its Most Beautiful Automobiles of the World for 2007, and no, the U.S. did not come home with a trunk of gold medals in this competition. We Americans will just have to be content with our two silvers.On the ...

