Volkswagen AG’s truck unit Traton SE has agreed to pay $3.7 billion for the outstanding shares of American truck maker Navistar International in a deal announced on Saturday that would expand
Volkswagen AG’s truck unit Traton SE has agreed to pay $3.7 billion for the outstanding shares of American truck maker Navistar International in a deal announced on Saturday that would expand
Volkswagen’s Traton commercial truck unit and self-driving technology startup TuSimple are going to partner for developing self-driving trucks, the companies said on Wednesday. Traton has also grabbed a minority stake in
Navistar International on Monday turned down Volkswagen truck unit Traton‘s buyout offer of $43 per share, but said it was a starting point for finding out a possible transaction. The German
Volkswagen’s trucks subsidiary Traton on Thursday hiked its buyout offer for U.S. peer Navistar by over a fifth to $43 per share. The German automaker made a $35 per share offer
Volkswagen’s Traton commercial truck unit has seen cancellations of orders because of the coronavirus outbreak but these are manageable, its chief informed a German magazine in an article published on
German automaker Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to spend in the “internationalization” of the division, CEO Herbert Diess stated on Tuesday.
Volkswagen workers supported a restructuring of Volkswagen on Tuesday after CEO Herbert Diess vowed to spend 1 billion euros ($1.1 billion) on a new battery cell production plant close to
Volkswagen is near to hiring Citigroup, Deutsche Bank, Goldman Sachs and JP Morgan to assist with the possible stock market listing of its truck unit Traton, two people knowledgeable with
A German court has ordered Volkswagen’s truck unit MAN to pay 300 million euros ($350 million) to shareholders in the unit, putting a long-running court battle over its buyout offer



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