Volkswagen in talks with Swedish investors to anchor Traton truck IPO

Volkswagen traton

Volkswagen is discussing with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm and Frankfurt, people knowledgeable with the matter stated. The discussions could lead more than one cornerstone investor being brought on board and are […]

Volkswagen’s Traton trucks pursues growth with alliances

Volkswagen traton

Volkswagen’s trucks business Traton wants to use alliances with competitor in China, the United States and Japan to tap into worldwide growth and achieve a return on sales of nine percent, Chief Executive Andreas Renschler stated on Tuesday. Volkswagen is integrating Germany’s truck brands MAN and Sweden’s Scania along with deepening collaboration deals with China’s […]