Porsche swallows Volkswagen as VW grabs Scania
Monday was a memorable day for Europe's largest automaker Volkswagen AG – only hours after buying a controlling stake in Swedish truck manufacturer Scania, VW was in turn swallowed by the holding company of luxury carmaker Porsche.
Volkswagen increases stake in Sweden's Scania
German automaker Volkswagen has bought a huge stake in Scania to increase its influence over the Swedish truck builder.