Germany’s Traton Group reported 32% higher revenues in 2022 despite the impact of Russia’s invasion of Ukraine, ongoing supply chain disruptions and record inflation.
Its North American truck-making unit, Navistar International, contributed significantly. Without the Lisle, Illinois-based manufacturer, Traton would have reported just 10% improved revenue year over year. Traton acquired Navistar for $3.7 billion in October 2021.
The truck holding company of Volkswagen AG , Traton is one of the...
https://www.freightwaves.com/news/navistar-again-boosts-traton-group-financials