VW’s Traton Joins Rivals In Warning Demand for Trucks Is Souring
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Volkswagen AG’s Traton truck-making division echoed competitors in warning it’s “intensively” preparing for a much more difficult environment next year.
While the manufacturer confirmed guidance for this year and reported nine-month unit sales rose 8% to 179,100 vehicles, it said orders have dropped 6%, according to a statement Monday. The gloomier outlook for trucks was flagged last week when VW reported earnings.