Volkswagen CEO says Porsche integration on track

ROTTACH-EGERN, Germany (Reuters) - A $2 billion lawsuit launched by several U.S. hedge funds has not derailed the integration of Porsche SE (PSHG_p.DE) into German car group Volkswagen (VOWG_p.DE), VW's chief executive said on Tuesday.

"We will stick to the (2011) timetable for the integration of Porsche," Martin Winterkorn said, who also serves as CEO of the heavily indebted Porsche SE.

Following a bungled takeover of Volkswagen, Porsche SE was forced to turn to VW for a bailout after amassing more than 10 billion euros in debt.

Separately, Winterkorn said the timetable for a truck alliance of Scania (SCVb.ST) and MAN (MANG.DE), which both share VW as their largest shareholder, involved "very concrete" steps, but he declined to provide further details.

Talk of closer links between the three vehicle makers has intensified in recent weeks, prodded by industry kingpin Ferdinand Piech, chairman of both VW and MAN, who is on a quest to build the world's biggest automotive empire.

(Reporting by Irene Preisinger, editing by Will Waterman)