Germany: VW withdraws nominations to MAN board

In an attempt to help facilitate regulatory clearance for the merger of the Scania and MAN truck operations, Volkswagen has withdrawn the nominations of three executives to the German truck OEM's board. According to VW, the withdrawal was prompted by guidance from the EU's executive arm during antitrust talks. VW noted Subscribe to Automotive World … Continued

• By Webmaster
• June 28, 2011