Monday, Feb 11, 2008Volkswagen raises wager in Nordic pushcart concern ScaniaDetroit News Wire Services

Volkswagen AG upraised its wager in Nordic pushcart concern Scania AB after commercial-vehicle income at the Teutonic concern jumped 17 proportionality in January, Bloomberg News reportable today.

Volkswagen accumulated the retentive in Soedertaelje-based Scania “slightly” to 20.89 percent, equal to 37.98 proportionality of the voting rights, Wolfsburg, Germany-based Volkswagen said in a evidence today, without specifying the early stake.

Volkswagen’s orbicular income of advertizement vehicles accumulated from a assemblage early to 36,830 vans, trucks and buses in January, the consort said, adding that it expects the commercial-vehicle playing to amend “positively.”