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TRUCKMAKERS NEWS * WORLDWIDE
* Germany - VW seeks strategic control of German truck maker MAN
Frankfurt,Germany -Reuters, by Harro ten Wolde -January 09, 2013: -- Volkswagen said on Wednesday it was seeking to conclude a domination and profit and loss transfer agreement with MAN SE , which would give it full strategic and financial control over the truck maker... "The planned step is a further milestone on the road to creating an integrated commercial vehicles group," the company said in a statement... Volkswagen said it currently holds 75.03 percent of the voting rights in MAN...
* Malaysia - Naza in talks with truck maker, plans tie-up with Tatarstan group Kamaz
Kuala Lampur,Malaysia -The Star OnLine -January 10, 2013: -- The Naza Group is talking to Kamaz, the trucks maker from Tatarstan, on the prospect of venturing into the heavy industry, International Trade and Industry Minister, Datuk Seri Mustapa Mohamed, said. “I was told the Naza Group is expected to sign a memorandum of understanding with Kamaz for the assembling and manufacturing of trucks in Malaysia for the domestic and Asean markets,” he said after attending the Malaysia-Tatarstan Investment Seminar...
Labels: truckmakers news worldwide
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