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Date: Mon, 24 Feb 2003 21:32:23 GMT
From: hohnopsamlid.invalid (Goran Larsson)
Subject: Re: I never knew that.


In article <lb1l5vgesi18c6g15gbbce6peh15doptv3nopsamcom>, Nel Frikandel <nelfrikandelnopsamail.com> wrote: > Errr.... But, uhm, didn't SAAB sell it's truck division Scania to it's > competitor Volvo some years back.... No. However, Saab Scania, as it was years ago, was split up in three parts several years ago. Some years ago Volvo bought shares in an attempt to take over Scania, but was stopped due to EU antimonopoly laws. * The Saab Automobile part sold to GM in two steps. < http://www.saab.com/ > * The Saab part that manufactures aircraft, space technology, defense technology, etc. < http://www.saab.se/ > * The Scania part that manufactures trucks. The largest share holder of Scania is Volkswagen AG and the second largest owner is Volvo (the part that manufactures trucks, not the part that was sold to Ford). Volvo, however, may not exercise any ownership influence and is required to divest its holding in Scania before the end of 2003. < http://www.scania.se/ > -- G–ran Larsson http://www.nospam.com/saab/

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