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Employees to plan merger
Page 7
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LANS to merge Volvo and iab-Scania rest with the nnpanies' employees, who ill discuss the idea before it )es to the Swedish Governent for approval.
But according to a stateent from the companies the erger will not affect the oducts oi either company 'ported into Britain.
The plam were announced 1` Friday in Sweden and volve the creation of a new )t wany, olvo-Saab-Scania, 'tE.r the roposal was disiss ad by b ■th boards. Ccmbinii g the two corn s wou d mean that the .1?v conc€ m ranks second hii d Daii ller Benz in cornerc al vet. icle production in Le cver H. tons gvw .weight -acl :et, ov rtaking the Iveco )rnt me bu still some way off he it Dp spo It s thot ght that the Swesh Gover merit will not be ver enthu iastic about the tell 2r but AJ1II probably back as in eco omic necessity.