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Traton

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.

Volkswagen Truck & Bus Renaming Itself Traton

Volkswagen Truck & Bus has announced a new name, Traton Group, as it increases its independence and readies itself to raise funds for global expansion in commercial vehicles. Meanwhile, parent company Volkswagen AG is talking with Ford about possibly developing a line of commercial vehicles.

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