Friday 11 July 2014
German truckmaker

German truckmaker plans to cut costs

German truckmaker MAN plans to slash costs to bolster profit that fell by more than a fifth in the first quarter due to tough competition in western European markets and could also come under pressure in Brazil. Owned by Europe's bigge


VW eyes full control of European truck giants

German truckmaker MAN and Swedish group Scania are in merger talks, Scania said, as Volkswagen aims for full control of both to take on bigger rivals. Scania and MAN said no decision has been reached as they reacted to reports Volkswagen,

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