Traton SE profits jumped in the first three months of 2023 on the back of higher sales and a Russian asset disposal, with truck production and sales at its North American Navistar unit climbing, the ...
Volkswagen AG’s commercial truck division has a deal in principle to acquire Navistar International Corp. for nearly $3.7 billion, according to a statement from the U.S. truckmaker’s Board of ...
Traton Group CEO Christian Levin and CFO Annette Danielski. The Traton Group is looking to its acquisition last year of Navistar, and to the Chinese market, to help it meet what it called ā€œan ...
Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25. The Munich-based commercial vehicle ...
Volkswagen’s commercial vehicle arm Traton and PlusAI plan to expand their partnership to speed factory integration and deployment of autonomous trucks across the US and Europe. Under the proposed ...
Volkswagen Group heavy-truck unit Traton said Friday it had agreed to raise its takeover bid for Navistar International Corp. to $44.50 per share from $43, closing in on a deal that would extend its ...
(Reuters) - German truckmaker Traton, majority-owned by Volkswagen, on Friday posted a 7% rise in first-half operating profit buoyed by higher prices, even as demand remained lacklustre in Europe.
Traton on Sept. 10 upped the ante in its offer to buy all outstanding shares of common stock of Navistar International Corp. The new offering price of $43 per share in cash is a 23% increase from the ...
(Reuters) -Volkswagen's truck unit Traton reported a 39% drop in operating profit for the first nine months of 2025 on Wednesday, hurt by lower revenue, unfavourable exchange rates and U.S. tariffs on ...
TRATON GROUP reinforces commitment to accelerate scaled commercial deployment of SuperDriveā„¢-enabled, factory-built autonomous trucks in the U.S. and Europe. TRATON commits up to $25 million in ...
Traton Group (Traton SE) (OTCPK:TRATF; OTCPK:TRATY) has been a surprise I had not anticipated. The company numbers among the major players in truck and bus manufacturing. Traton was spun off from ...