June 21 (Reuters) - Volkswagen AG ::TRUCKS AND BUSES SAYS DECISION ABOUT IPO NEEDS TO BE TAKEN BY SUPERVISORY BOARD.TRUCKS AND BUSES SAYS INITIAL GOAL IS TO REACH CAPITAL MARKETS READINESS BEFORE FURTHER STEPS FOLLOW.
MAN : Diesel & Turbo announces start of future strategy programme . Says under proposed plan each MAN site will specialise in more clearly defined area . Future programme aimed at improving results by over 450 million eur . Anticipates that around 1,400 staff will be affected by the planned measures . Says expect orders for new turbo engines to remain at their current low level also in the coming years Further company coverage: [MANG.DE] (Reporting By Georgina Prodhan) ((email@example.com;)).