36 Articles
Report
Winterkorn remains CEO of Volkswagen's majority shareholder

Former VW Chief Still Chairs Porsche SE, Audi, Scania, Truck & Bus GmbH

Though he may have resigned as CEO of the Volkswagen Group, Martin Winterkorn retains four senior positions - including head of the company's largest shareholder Porsche SE, and three of its business units.

Report
VW makes $9.2B offer for rest of truckmaker Scania

Volkswagen owns or has controlling interests in three commercial truck operations: besides its own, VW began buying shares in Sweden's Scania in 2000 and now controls 89.2 percent of its shares and 62.6 percent of its capital, then bought into Germany's Man in 2006 - in order to prevent Man from trying to take over Scania - and now owns 75 percent of it. The car company has managed to work out 200 milli

Report
VW is world's second-best-selling automaker, GM falls to third

Every year when we start talking about which automaker is the biggest in the world, there always seems to be at least a little bit of controversy. For 2013, Toyota handily took the top spot with 9.98 million sales, but it's the runner up spot between General Motors and Volkswagen that is starting to create a stir.

Official
Scania, Siemens partner for roof-connected electric trucks

San Francisco Bay Area readers, or anyone who has ridden (or driven behind) Muni buses, are more than familiar with the concept of electric-powered commercial vehicles getting energy through a roof-mounted apparatus connected to wires. Now, Sweden-based Scania and German company Siemens are partnering on a similar technology that would be used by commercial trucks on Sweden's highways.

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