Volkswagen announced today that they have built up a 55.9% share of German truck and heavy diesel engine manufacturer MAN. Volkswagen will have influence on the 253-year-old MAN's supervisory board, making it easier to create a functional partnership with another VW truck builder, Scania.
This will give Volkswagen more ability to compete with the heavy truck manufacturing divisions of Daimler and Volvo.
MAN and Scania's combined output of 172,000 truck units weighing more than six tonnes was just slightly higher than Volvo's output, but still 37% lower than Daimler's.
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