Volkswagen sells 360-million-euro Traton stake for 32.75 euros per share
Volkswagen said on Wednesday it sold a 2.2% stake in Traton for 360 million euros ($393 million) or 32.75 euros per share for ...
EconoTimes17h
Volkswagen Sells €360M Traton Stake to Boost Liquidity
Volkswagen (ETR:VOWG_p) has sold a stake in its commercial vehicle subsidiary, Traton, for 360 million ($393 million), ...
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Volkswagen and Porsche are stuck in Wall Street’s pits. Stock investors, start your engines.
Volkswagen also owns shares of its publicly traded trucking assets (Scania, Man, and Navistar) called Traton and it also owns a stake of Porsche AG. Now Porsche SE does not make Porsche automobiles.
Seeking Alpha28d
Traton: A Truck Titan Ready To Prosper But Stay On The Sidelines (Rating Downgrade)
Noteworthy was Navistar, now called International, whose unit sales increased 2% YoY in a declining North American truck market. If we use the 9M24 data, we see that Scania sold 74k units and made ...