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VW ponders truck & bus IPO amid broader efficiency push

Carmakers and suppliers are realigning businesses and spinning off operations to become more nimble

Published Tue, Mar 6, 2018 · 09:50 PM
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Geneva

VOLKSWAGEN is pondering a stock sale of its truck and bus division as part of a broader structural overhaul at the German behemoth to boost efficiency, its chief executive said on Monday.

Carmakers and suppliers are realigning businesses and spinning off operations to become more nimble as the industry is spending billions on zero-emission cars and autonomous driving.

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