VW – The Empire Grows

This past spring the rumor surrounding Volkswagen and it’s global heavy truck desires called for the potential purchase of Navistar, parent company of International Truck. So far this rumor has remained just a rumor. However, across the Atlantic VW has taken steps to increase it’s share in MAN from 30.5 to 53.71. This increase means VW will now have a majority vote in all things MAN. Combine this with the fact that both MAN and VW are heavily invested in fellow European truck manufacture Scania and you have the makings of a truly powerful truck manufacturer. Ahhh,the global economy.

Source: FT.COM

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