MAN Trucks India has launched its new CLA BS-IV compliant bus chassis range in India. It is available in two variants - 18.250 (4X2) and 22.300 (6X2) multi-axle. The CLA range adopts a front-engine layout and will be manufactured at the company's Pithampur facility in Madhya Pradesh.

The CLA bus chassis are designed for intercity application. MAN has partnered with three bus body builders in order to offer different body design to customers. 

The buses are powered by a BS-IV compliant MAN D-0836 engine mated to a 6-speed gearbox. The turbocharged, intercooled, common rail direct injection diesel engine comes with Selective Catalytic Reduction (SCR) technology for reduced emissions. The engine is offered in two states of tune - the 4X2 version has 245 BHP while the engine in the multi-axle version has been tuned to 296 BHP. 

The bus rides on rear air suspension and has air actuated drum brakes with ABS. It also comes with a retarder and an engine valve brake system.

Volkswagen has reportedly told the banks supplying a 20 billion Euro loan that it would sell its assets if it finds no other way of repaying the one-year loan it has taken. VW secured a 20 billion euro bridging loan from 13 banks and is planning to refinance it by issuing bonds over the next couple of months. Under the terms, VW is said to have assured the lenders that it would sell or list assets worth up to significantly more than 20 billion euros if it fails to find other sources of money.

According to the report by Reuters, a source stated that brands like Ducati, Lamborghini and Bentley may be divested to cover the costs of the scandal, if VW cannot repay its debt. However, VW's premium brands are a secondary consideration as their niche placement and relatively low production numbers make them less valuable. MAN's power engineering operations, whose products include ship engines, mini power plants and propulsion systems among others on the other hand, is expected to top the list of potential divestments with the division valued at 4-5 billion Euros.

The German auto conglomerate is facing a massive financial burden of government penalties and individual lawsuits worldwide, not to mention the logistical costs of recalling and fixing millions of cars globally.