Volkswagen plans to set up the headquarters of Truck & Bus – its new truck business – in Braunschweig, which is around 25km from the automaker’s own headquarters in Wolfsburg.
Up to 50 people will be employed at the trucks group’s base.
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The new business will be headed by Andreas Renschler, who joined Volkswagen in February from Daimler, where he was the chief of trucks business.
Truck & Bus GmbH will steer and coordinate cooperation among the three commercial vehicle companies MAN Truck & Bus AG, MAN Latin America and Scania AB.
Volkswagen says it is creating the integrated commercial vehicles group to put in place a structured framework for business with mid-sized and heavy trucks and buses.
The Supervisory Board will be chaired by Prof. Dr. Martin Winterkorn, CEO of Volkswagen Aktiengesellschaft: “MAN and Scania are strong, successful brands with a global reputation. Our clear objective is to become a global champion in trucks and buses, too, and together with the workforce to take this business to the top of the industry.”
“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,” said Andreas Renschler.
“In so doing, the MAN and Scania brands retain their independence, in line with Volkswagen’s basic principle.”
