Volkswagen has launched a new integrated commercial vehicles group, Truck & Bus GmbH, bringing together a structured framework for business with mid-sized and heavy trucks and buses.
Led by Volkswagen Aktiengesellschaft management board member Andreas Renschler, the new Volkswagen Group holding will establish processes specific to the commercial vehicles business, utilising complete synergies of the brands.
As part of this, Volkswagen's shares in Scania AB will be transferred to Truck & Bus GmbH, which will guide and coordinate cooperation among the three commercial vehicle companies MAN Truck & Bus AG, MAN Latin America and Scania.
Renschler said: "Our goal is to take the commercial vehicles holding to the top of our industry in terms of profitability, technologies and, above all, customer satisfaction.
"Bringing together our commercial vehicle brands under one roof means we can focus more strongly on the needs of the truck and bus business and can therefore accelerate the decision-making process.
"In so doing, the MAN and Scania brands retain their independence, in line with Volkswagen's basic principle."
Additionally, the CEOs of three commercial vehicle companies will be represented in the management of Truck & Bus in order to coordinate strategy, development, human resources, purchasing and other issues across the brands.
Volkswagen group works council chairman Bernd Osterloh said: "For the first time in a supervisory board, employee representatives from MAN, Scania and Volkswagen will discuss the right strategies for our integrated commercial vehicles group together with the shareholders.
"In so doing we will, as always, make sure there is a balance between economic efficiency and secure jobs."
Additionally, Volkswagen Commercial Vehicles will also become a part of the integrated commercial vehicles group and will report to Andreas Renschler.
Image: Volkswagen AG headquarters in Wolfsburg, Lower Saxony in northwestern Germany. Photo: courtesy of Vanellus Foto.
