Scania
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News
TRATON and Navistar reach definitive $3.7 billion merger deal
Volkswagen AG’s truck holding company TRATON and Navistar International Corp. reached a definitive agreement on TRATON’s $3.7 billion buyout of the maker of International trucks…
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News
Report: TRATON-Navistar merger talks heat up
Seven months after Volkswagen’s truck holding company, TRATON SE, made an unsolicited $2.9 billion offer for Navistar, talks may be heating up, according to Bloomberg.
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News
Mexico trade groups create monthly truck industry report
Mexico’s new "Administrative Registry of the Automotive Industry of Heavy Vehicles” will contain monthly data from trucking companies, including wholesale and retail sales, as well…
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News
Navistar takeover intrigue rises with TRATON leadership shakeup
The departure of Andreas Renschler as CEO of TRATON assures that new executives at TRATON and Navistar will oversee what most see as an inevitable…
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Trucking
Navistar extends CEO’s contract as buyout by TRATON on hold
Navistar extended CEO Troy Clarke’s contract until July as a buyout offer by Volkswagen subsidiary TRATON Group is on hold amid the cash-devouring coronavirus pandemic.
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Trucking
Class 8 truck production could fall to less than half of 2019
ACT Research cannot model downturn scenarios fast enough for Class 8 trucks, but high inventory levels make the coronavirus crisis a good time to take…
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News
TRATON makes unsolicited $2.9 billion bid to buy rest of Navistar
TRATON makes long-expected move to take over Navistar despite claiming disinterest. Navistar says it will take a look at the offer.
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Company earnings
TRATON Group warns of intensifying trucking slump despite higher Q3 results
Truck maker TRATON Group S reported higher revenue and profit for the first nine months of the year, but warned of a tougher 2020 with…
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Trucking
Navistar expands TRATON partnership with Canadian mining deal
The door to TRATON Group selling trucks in North American opened a crack with a memo of understanding between Navistar and TRATON to sell Scania…
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Trucking
Traton charges ahead with €2 billion investment in electric, autonomous vehicles
Truck subsidiary of Volkswagen AG will split investment into electric vehicle and software development to speed introduction of alternative fuel and self-driving commercial vehicle options
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