Traton reports record sales of 338,200 vehicles in 2023
By Bradley Osborne - 1st April 2024
Germany – Traton SE of Munich, Bavaria – a subsidiary of the Volkswagen Group and parent of several commercial vehicle brands – reported record vehicle sales of 338,200 units for 2023, a 10.7% improvement on the year prior (30,500 units).
The Traton Group’s sales revenue was EUR46.9bn, a year-on-year increase of 16%. Its adjusted operating result was EUR4bn, a significant improvement (+95%) on the 2022 result (EUR2.1bn). The group’s adjusted operating return on sales was better than expected at 8.6% (2022: 5.1%).