Andreas Renschler

Traton will be a strong contributor toward Volkswagen’s cashflow target

Volkswagen executive Andreas Renschler on Tuesday stated the Traton trucks division is going to be a “strong contributor” toward parent company Volkswagen Group’s 10 billion euro ($11.4 billion) cashflow target

2019 Volkswagen Atlas pickup truck, 2018 New York Auto Show

Volkswagen7 years ago

Volkswagen Trucks could pursue listing or issue debt

Volkswagen stated it could list its trucks business as part of expansion strategies for the division, Andreas Renschler, head of the trucks business stated on Monday. “We want to achieve

Volkswagen7 years ago

Toyota’s Hino, Volkswagen’s truck form alliance to cut R&D costs

The truck units of Toyota and Volkswagen are forming an alliance to boost their market positions as commercial automakers face increasing costs to develop lower-emission automobiles and automated driving capabilities.

Volkswagen8 years ago

Volkswagen to develop electric trucks and buses in $1.7 billion technology drive

Volkswagen AG is going to invest 1.4 billion euros ($1.7 billion) in new technologies consisting of electric trucks and buses by 2022, VW’s trucks chief Andreas Renschler stated. The money

Volkswagen8 years ago

Cultural change after diesel crisis takes time, says Andreas Renschler

Volkswagen is a “second mover” in electric commercial vehicles, after lagging companies including Tesla and Deutsche Post DHL in putting them on the road, the head of VW’s trucks business

Volkswagen8 years ago

Volkswagen trucks department focuses on strong profitability gain this year

Volkswagen‘s truck division intends to substantially boost its success this year as deepening cooperation in between the MAN and Scania brand names and enhancing abroad markets stimulate service, it stated

Volkswagen9 years ago

Volkswagen has no plans for trucks unit IPO until 2019

Volkswagen has no strategies for a public listing of its trucks business, until 2019, a source stated on Tuesday, citing senior managers at the automaker. Some analyst had actually speculated

Volkswagen9 years ago

Volkswagen purchases Navistar stake for $256 million in trucks push

Volkswagen has concurred an engine innovation and buying alliance with truckmaker Navistar, and will purchase a 16.6 percent stake in the United States firm for $256 million, as worldwide truck

Volkswagen9 years ago

Volkswagen to back U.S. trucks deal, despite dieselgate

Volkswagen plans to make an acquisition for its trucks in North America if the best opportunity occurs, regardless of the increasing expense of its “dieselgate” emissions cheating scandal, the head

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