Volkswagen Considers Truck Division Revamp, MAN Tie-Up, FT Says
By Ben Martin
Sept. 17 (Bloomberg) -- Volkswagen AG is considering an organizational overhaul of its truck business which may see a tie-up with MAN AG, the German truckmaker and engineering group, the Financial Times reported, citing people familiar with the company.
Such a move would be decided upon only after the company completes takeover negotiations with Porsche SE, the FT said, citing an unnamed company executive.
To contact the reporter on this story: Ben Martin in London bmartin38@bloomberg.net.
Last Updated: September 16, 2009 21:56 EDT
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