Daimler Truck, Volvo Group, and Traton Group have signed a joint venture agreement to install and operate a European charging network for trucks and coaches.

Catharina Modal Nilsson replaces Michael Grahe as CTO, effective 1 January 2022.

Traton brands have sold 53% more trucks and buses and have achieved revenue growth of 38% (EUR21.7bn) in the year-to-date.

Levin's new position will be merged with his current role as CEO and President of Scania, a Traton subsidiary.

Production of the Common Base Engine, a joint platform for diesel engines which will be employed in future vehicles manufactured by MAN, Scania, and Navistar, is slated to begin in 2024.

Traton brands achieved 3% growth in unit sales, including a 70% rise in truck sales, in the first half of 2021.

Navistar and its International and IC Bus brands are now part of the Traton Group of commercial vehicle manufacturers.

Commercial vehicle manufacturers, Daimler Trucks AG, Traton Group and Volvo Group have signed a non-binding agreement to install and operate a high-performance public charging network for battery electric heavy-duty long-haul trucks and coaches across Europe.

Shareholders of the US-based truck manufacturer, Navistar International Corporation, have approved the purchase price and offer made by Traton SE to acquire all the remaining common shares of Navistar at a price of USD44.50 per share in cash.

TRATON SE, (the medium and heavy commercial vehicle majority-owned subsidiary of Volkswagen AG producing vehicles and other mobility products under the Scania, MAN, VW and RIO brands) has announced it has agreed terms with the major shareholders in US truck and bus builder, Navistar International Corporation.

Matthias Gründler, who was until 2018 CFO of Traton SE, the holding company of the CV brands of MAN, Scania and Volkswagen Caminhões e Ônibus on July 16, 2020 took over the role of chair and CEO of the Board of Management at Traton, from Andreas Renschler.

“Provided there is no surge in the number of new {coronavirus} infections and the associated countermeasures adopted by the countries; we are assuming a gradual recovery in our business activity in the second half of 2020.