VW has no plans for trucks unit IPO before 2019, report saysSept. 20, 2016
VW Group has no plans for a public listing of its trucks business until 2019, a German magazine reported on Tuesday, citing senior managers at the carmaker. Some analyst had speculated that VW might sell or float its truck operations to help raise funds as the carmaker is pushing to become a global force in trucks.
VW targets $1.1 billion in savings from MAN, Scania integrationMay 26, 2016
VW will pick Porsche chief Mueller as next CEO, reports saySept. 24, 2015
Volkswagen Group's supervisory board will pick Matthias Mueller, the head of sports-car maker Porsche, as its next CEO to succeed Martin Winterkorn, a source familiar with the matter told Reuters. Mueller, the VW group's former head product strategist, has majority support on the 20-member supervisory panel due to meet on Friday, the source said.