FRANKFURT (Reuters) -- Volkswagen Group will break up MAN SE and transfer its truck and bus businesses, as well as MAN Latin America, into VW's new Truck & Bus Holding GmbH, German daily Frankfurter Allgemeine Zeitung reported.
MAN's diesel engine operations and Renk transmission business will find a new home within the Volkswagen Group, the newspaper said, without citing sources.
That leaves MAN with its commercial vehicles and power engineering businesses. MAN will maintain a separate listing, the newspaper said.
MAN and Volkswagen declined comment.
Earlier this month, Volkswagen said it was creating a new commercial vehicles group to combine its truck operations with those of MAN and Scania, two other truck manufacturers controlled by VW.