WOLFSBURG, Germany (AFX) - Volkswagen AG chief executive Martin Winterkorn said the company will make a decision 'soon' on further developments regarding a potential three-way tie-up with MAN AG and Scania AB.
Asked by a reporter at the annual results news conference regarding VW's Brazilian truck operations and the potential alliance with MAN and Scania, he replied: 'Regarding the subject on Brazil, MAN and Scania, you cannot expect me to give you concrete answers.'
'You have all read what has happened in the past few days. The supervisory board will make a decision soon on how to proceed further and we will then make an announcement,' he added. marilyn.gerlach@thomson.com mog/jlw COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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