FRANKFURT (Reuters) – United States-based diesel engines maker Cummins (CMI.N) has made an indicative provide for Volkswagen’s (VOWG_p.DE) MAN Vitality Options unit, individuals near the matter stated, because the carmaker seeks to slim down its portfolio of disparate property.
FILE PHOTO: The emblem of Volkswagen is seen in entrance of its plant, in Bratislava, Slovakia, July 4, 2019. REUTERS/Radovan Stoklasa/File Photograph
Volkswagen introduced in Might that it’s exploring a sale or partnership for its MAN Vitality Options as a part of a restructuring of the German vehicles, vehicles and bus empire.
VW has held talks with Cummins, and obtained a suggestion from the U.S….