FRANKFURT (Reuters) - German carmaker Volkswagen (>> Volkswagen AG) named former Daimler (>> Daimler AG) manager Andreas Renschler to head up its commercial vehicles business as it pursues its long-standing ambition to become Europe's biggest truck manufacturer.
Wolfsburg, Germany-based Volkswagen said on Friday that Renschler's would succeed Leif Oestling in his new job on February 1 of next year.
The news comes as Volkswagen announced plans to take full control of Scania (>> Scania AB) in a deal valuing the shares in the Swedish trucks brand it does not yet own at 6.7 billion euros ($9.2 billion).
($1 = 0.7275 euros)
(Reporting by Maria Sheahan, editing by David Evans)