Scania May Name VW’s Winterkorn Chairman

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Swedish truck maker Scania AB’s Chairman Bernd Pischetsrieder may step down from his position this week, to be replaced by Volkswagen AG Chief Executive Martin Winterkorn, Bloomberg reported Monday.Winterkorn took over from Pischetsrieder as chief executive officer of Volkswagen earlier this year, Bloomberg said, citing the Wall Street Journal’s European edition.Germany-based Volkswagen is Scania’s largest shareholder.Volkswagen in January rejected German truck maker MAN AG’s hostile takeover bid for Scania, since thwarted, saying it instead favored a “friendly” transaction.Last week, VW said it would boost its stake in MAN by $1.6 billion. (Click here for previous coverage.)