VW Integrates MAN And Scania Into Newly-Formed Truck & Bus GmbH

VW has announced the creation of an integrated commercial vehicles group called Truck & Bus GmbH, which will become the new Volkswagen Group holding for the MAN and Scania commercial vehicle brands.

The shares in Scania AB held by Volkswagen AG will be transferred to Truck & Bus GmbH, with the wholly-owned Volkswagen subsidiary already holding 75.28 percent of the voting rights in MAN SE.

The new company will be led by Andreas Renschler, member of the Board of Management of Volkswagen AG, while the Supervisory Board, composed on a parity basis, will be chaired by Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG.

“MAN and Scania are strong, successful brands with a global reputation. Our clear objective is to become a global champion in trucks and buses, too, and together with the workforce to take this business to the top of the industry,” Winterkorn said.

“Bringing together our commercial vehicle brands under one roof means we can focus more strongly on the needs of the truck and bus business and can therefore accelerate the decision-making process,” Andreas Renschler added.

The executive also stressed that the MAN and Scania brands will retain their independence. Truck & Bus GmbH will steer and coordinate cooperation among the three commercial vehicle companies MAN Truck & Bus AG, MAN Latin America and Scania AB.

As for the VW Commercial Vehicles brand, it will also form part of the integrated commercial vehicles group and will report to Andreas Renschler. However, the brand will continue to maintain close ties with the Volkswagen Passenger Cars brand where the synergies mainly lie.

PHOTO GALLERY

  • rover10

    This rings a bell, the same thing happened in the UK in the 60’s – 70’s, when so many famous names came together, However, in time, the individual name plates vanished until a once proud international business vanished, along with the car companies. We can only hope history doesn’t repeat itself. At the end of the day, amalgamation is usually a sign that the cost and control mechanisms are a cause for concern?

    • Eunos

      First, these are german or controlled by germans brands, which in difference with the british ones, are known to be successful and working properly with well established names and reputation. Secondly, they are held by the holding, which made and held on to projects like the Veyron and Phaeton, which were known to be money pits for the manufacturer. And with profits and sales better than ever, there can be no financial concerns at all.

      • rover10

        It’s a brave man who says there are no financial concerns! I reiterate my last sentence. By the way, the Chinese and Koreans commercial manufactures do pose a real threat in the next decade or so, with sales penetrations into every Global market. Just look at the amount of Chinese bus and coach designs,being shown at shows across Europe at the moment. That is possibly why the above reorganisation has happened, to strengthen their position long term?

  • Obsequious_Lickspittle

    Cue the, “When will VW stop making boring looking trucks?”

    • none

      They aren’t meant to be “exciting” designer items, they are meant to be practical, efficient, reliable, useful and with focus on the driver and things like cargo capacity, best use of vehicle length(max 24m), adaptability, and so on.

      • Obsequious_Lickspittle

        Nice…

    • Robert Ryan

      Actually nothing to do with VW, they just hold shares in both Scania and MAN, Scania is the worlds most profitable truck company

  • Christopher Sansom

    MANIA

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