Traton Group, which now includes U.S.-based truck maker Navistar, reported gains in net income and revenue for its 2021 nine-month period on the strength of truck manufacturing and financial services.
October 28, 2021Traton
Business, Technology, Equipment
A Traton International LT A26 truck sits on display at an industry show. (Krisztian Bocsi/Bloomberg News)
Traton Group Reports Higher Net Income, Revenue
A Traton International LT A26 truck sits on display at an industry show. (Krisztian Bocsi/Bloomberg News)
Business, Equipment
Traton Group
Traton SE Replaces CEO, Chief Financial Officer
Traton Group
Traton SE named Christian Levin CEO. He succeeds Matthias Gründler, who left the company.
October 4, 2021
Government, Business, Technology, Equipment
The new Infineon Technologies AG chip factory in Villach, Austria. (Akos Stiller/Bloomberg News)
VW’s Traton Flags Significant Sales Hit From Chip Shortage
The new Infineon Technologies AG chip factory in Villach, Austria. (Akos Stiller/Bloomberg News)
Volkswagen AG’s truck division Traton SE became the latest manufacturer to warn the global shortage of semiconductors is jeopardizing deliveries.
September 22, 2021
Business, Equipment
Navistar International headquarters in Lisle, Ill. Munich-basedTraton Group completed the acquisition of the truck maker in July. (Christopher Dilts/Bloomberg News)
Traton Names New Navistar CEO, CFO; Fills Other Key Posts
Navistar International headquarters in Lisle, Ill. Munich-basedTraton Group completed the acquisition of the truck maker in July. (Christopher Dilts/Bloomberg News)
Traton SE, whose purchase of Navistar International Corp. closed in July, announced a new CEO and chief financial officer for the American truck maker as it added executives who played key roles in the merger.
August 25, 2021
Business, Technology, Top 100
Matthias Gründler (left) and Persio Lisboa. (Traton)
Navistar Merges With Traton Group in $3.7 Billion Deal
Matthias Gründler (left) and Persio Lisboa. (Traton)
Navistar International Corp. announced it merged with Munich-based Traton Group in a transaction valued at $3.7 billion, finalizing a strategic alliance launched in 2017.
July 1, 2021
Business, Technology
A Navistar International HX Series truck at the company's headquarters in Illinois. (Christopher Dilts/Bloomberg News)
Navistar, Traton SE Merger Set to Take Effect
A Navistar International HX Series truck at the company's headquarters in Illinois. (Christopher Dilts/Bloomberg News)
Navistar International Corp. announced it received all regulatory approvals necessary to proceed with the previously announced merger with Dusk Inc., a wholly owned indirect subsidiary of Traton SE. The deal is expected to close today.
June 30, 2021
Business, Equipment
A VW showroom. (Liesa Johannssen-Koppitz/Bloomberg News)
Volkswagen AG Names First Female Labor Leader
A VW showroom. (Liesa Johannssen-Koppitz/Bloomberg News)
Volkswagen AG’s powerful works council picked its first female leader to succeed Bernd Osterloh, 64, who will take over as personnel chief at the German industrial giant’s Traton SE trucks division next month.
April 23, 2021
Business, Technology, Autonomous
The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. (Mikael Sjoberg/Bloomberg News)
VW’s Traton to Build China Truck Factory in Expansion Push
The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. (Mikael Sjoberg/Bloomberg News)
Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.
November 25, 2020
Business, Technology
International trucks sit parked in a lot outside a Navistar facility in Melrose Park, Ill. (Scott Olson/Getty Images)
VW Poised to Sign Off on $3.7 Billion Navistar Deal
International trucks sit parked in a lot outside a Navistar facility in Melrose Park, Ill. (Scott Olson/Getty Images)
Volkswagen AG’s board is preparing to sign off on its heavy-truck unit Traton SE acquiring U.S. manufacturer Navistar International Corp., according to people familiar with the matter.
November 6, 2020
Business, Technology, Fuel, Autonomous
Hino Motors autonomous trucks travel in convoy during a demonstration on a test track in Japan in May 2018. (Kiyoshi Ota/Bloomberg News)
VW’s Traton, Toyota’s Hino to Collaborate on Electrification
Hino Motors autonomous trucks travel in convoy during a demonstration on a test track in Japan in May 2018. (Kiyoshi Ota/Bloomberg News)
Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules.
October 28, 2020