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Scania rules out MAN merger
Cars

Scania rules out MAN merger

The CEO of Swedish truck manufacturer Scania has ruled out an alliance with German competitor MAN in order to save billions on the production line, despite rumours of a deal involving Volkswagen.
MAN posts strong Q2 results
Cars

MAN posts strong Q2 results

The German conglomerate MAN reported unexpectedly strong second-quarter results on Wednesday, largely owing to its large diesel engine division.