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Traton

Navistar Names Mathias Carlbaum CEO, President

Mathias Carlbaum — who has been leading the post-merger management of Navistar on behalf of the Traton Group — will succeed Persio Lisboa as CEO of Navistar International on Sept. 1.

Traton to Focus on Electric Trucks

The Traton Group (which is in the process of buying Navistar) announced it is investing $1.9 billion in research and development of e-mobility by 2025, and cutting its investment in traditional drivetrains.

Traton, Hino Team up for Electric-Vehicle Development

Two global commercial vehicle makers, Germany’s Traton SE and Japan’s Hino Motors Ltd., have signed a joint venture agreement to develop electric commercial vehicles, both battery-electric and fuel-cell versions.

Navistar, Traton Make a Deal

Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.

Traton Ups Navistar Offer

Traton on Sept. 10 upped the ante in its offer to buy all outstanding shares of common stock of Navistar International Corp.

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