VW Bets on Scania to Lead Traton’s Challenge of Daimler, Volvo
- Truckmaker needs to “walk the talk” and deliver: Traton CEO
- Global truck makers prepare for end of diesel-engine dominance
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Traton SE is banking on its Swedish Scania brand, one of the world’s most profitable truck makers, to beat a path to challenging industry leaders Daimler Truck AG and Volvo AB with newcomers like Nikola Corp. also making a push.
The Volkswagen AG unit is doubling down on integrating newly-acquired Navistar International Corp. in the U.S., Chief Executive Officer Christian Levin said in an interview, which will be pivotal to cracking the industry’s biggest profit pool. The manufacturer also hopes to finally deliver on long-standing restructuring efforts at the struggling German MAN brand and develop China into an additional manufacturing hub.