Volkswagen May Split Up Truck Unit

FRANKFURT, GERMANY – Volkswagen AG may split up its truck unit to add its heavy-truck factory in Resende, Brazil, to a possible merged entity of MAN AG, Scania AB, and VW, according to the Web site www.forbes.com.

Production of light-duty commercial vehicles will be overseen by the VW brand’s passenger vehicle division, according to Forbes. Volkswagen’s management board has not yet decided on details of the plan, as the three truckmakers have not yet agreed on a merger.

The company’s truck division last year generated 8.3 billion Euro sales, with a return on sales of about one percent.