FRANKFURT: German carmaker Volkswagen (VW) formally launched its bid for MAN yesterday, in a move towards creating Europe's biggest truckmaker.
VW's chairman Ferdinand Piech has long been itching to combine MAN and Sweden's Scania to take on the world's biggest truck maker, Daimler, and number two Volvo, but has been hampered by anti-trust issues and resistance from Scania.
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