TRUCKMAKERS NEWS * Germany / USA: Volkswagen & Paccar
* Germany - Volkswagen eyes US truckmaker Paccar ?
Wolfsburg,Germany -International Bulsiness Times, by M Rochan -July 3, 2014: -- Volkswagen is preparing to initiate a takeover bid for US truck maker Paccar in 2015, according to Daimler Trucks chief Wolfgang Bernhard... At an analysts briefing hosted by Daimler Trucks, Bernhard insisted that "serious, multiple sources" informed him that VW will bid for Paccar in 2015... Volkswagen categorically denied rumours, that it proposes to initiate a takeover bid for US truck maker Paccar in 2015, a day after news of a likely bid by the German firm surfaced... A spokesman at VW's Wolfsburg-based headquarters denied the rumours, calling them "complete rubbish", Reuters reported, snubbing comments made by Daimler Trucks chief Wolfgang Bernhard... Pursued by the news agency, Daimler refused to comment while Paccar was not available for comment...
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