Ferdinand Piech finally became the chief engineer for the expansion of Volkswagen.
On March 4, 2008, Volkswagen Germany successfully acquired a 68.6% stake in Scania, Sweden, for a price of 2.88 billion euros. As Volkswagen also holds a 30% stake in German Mann, after the acquisition of Scania, Volkswagen immediately transformed itself into a very important commercial vehicle company. Volkswagen’s plan to enter the commercial vehicle sector was finally reached.
In 2007, Mann once planned to acquire a portion of Scania's shares. However, it was opposed by Scania's shareholders and the matter finally came to nothing. This time, under the operation of Piech, things finally had a definite result. The two companies acquired by Volkswagen are important manufacturers of luxury commercial vehicles worldwide, so their integration will become the next focus. However, the senior executives of the company told the media that Volkswagen's acquisition is very wise.
With the gradual integration of Scania, Volkswagen finally has the chip to compete with Daimler-Benz commercial vehicles.
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