Wolfsburg-based VW, which together with MAN already owns 62.6 percent of Scania's equity and 89.2 percent of the votes, said it named ex-Daimler DAIGn.DE executive Andreas Renschler to head up its trucks operations from February 1, 2015.

Is Scania owned by Volkswagen?

FRANKFURT: German automaker Volkswagen AG has enough shares to take complete ownership of Swedish truck-maker Scania and move ahead with integrating its commercial vehicle business. ... Volkswagen already held 62 percent majority stake in Scania and 89 per cent of the voting rights.

Who owns Scania?

Volkswagen Group era

Scania AB is 100% owned by the German automotive company Volkswagen Group, forming part of its heavy commercial vehicle subsidiary, Traton, along with MAN Truck & Bus and Volkswagen Caminhões e Ônibus.