Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Traton SE, known as the Traton Group, is a subsidiary of the Volkswagen Group and one of the world's largest commercial vehicle manufacturers, with its MAN, Scania, Navistar, and Volkswagen Caminhões e Ônibus brands. The company also has digital services branded as RIO. In 2020, the group sold around 190,200 vehicles.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Glob.Revenue, mln.USD
22580

Volkswagen-associated companies MAN Truck&Bus SE and Scania AB closed their deals just a few days ago, according to the Epravda - On December, 13-14 the following assets: MAN Truck and Bus RUS LLC and Scania - Rus LLC. MAN Merged into Traton before.

The Company Statement
September 13, 2022

Statement condemning Russian invasion of Ukraine (Volkswagen Group is a parent company). Traton sells some assets in Russia, incurs 550 million euro loss.

January 26, 2023Letter sent by B4Ukraine to the company (no response provided)
March 07, 2022The TRATON GROUP brands Scania and MAN Truck & Bus stop production and sale in Russia
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