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4mo ago

VW’s Traton Sees Q1 Profit Plunge Despite Strong New Orders

The commercial vehicle division reported a 38% drop in net profit and a 10% revenue decline, offset by a surge in new orders, particularly at MAN Truck & Bus.

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Zahlreiche geparkte Lastwagen vom Hersteller MAN Truck & Bus SE auf einem Parkplatz vom Werk in München (Bayern). MAN ist Teil der TRATON GROUP, einem der weltweit führenden Nutzfahrzeughersteller. Das Unternehmen MAN Truck & Bus SE konzentriert sich auf die Entwicklung, Produktion und den Vertrieb von Nutzfahrzeugen, insbesondere Lkw und Busse.

Overview

  • Traton Holding, Volkswagen’s commercial vehicle division, reported a 10% revenue drop to €10.6 billion in Q1 2025 compared to the same period last year.
  • Net profit fell by 38% to €466 million, reflecting the impact of a challenging global economy and trade conflicts.
  • New orders increased by 12% overall, with MAN Truck & Bus recording an impressive 50% surge in order volumes.
  • Traton management attributed the weak financial performance to customer purchasing restraint and reiterated its moderate full-year outlook published in March.
  • CEO Christian Levin described the economic and political environment as challenging but expressed cautious optimism due to the strong order intake.