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Major German vehicle manufacturer reports sales drop

Berlin, April 28 (Prensa Latina) German commercial vehicle manufacturer Traton, a subsidiary of Volkswagen, reported a drop in sales for the first quarter of this year.

The Munich-based company recorded a 10% drop in revenue, to €10,6 billion, compared to the same quarter of the previous year.

Net profit fell 38% to €466 million, although a 12% increase in new orders offers some hope that results will improve for the remainder of 2025.

Traton owns brands such as Scania, MAN, the American company International, and Volkswagen Truck & Bus.

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