VW's Traton Sees Tepid Truck Market in 2025, Shares Fall
A cautious sales outlook for the commercial vehicle market in 2025 amid a weak global economy sent shares of Volkswagen's truck unit Traton falling on Monday. The Scania owner's shares were down 5% at 1055 GMT, also dragging down peers Daimler Truck and Volvo. Traton forecast 2025 sales to range from -5% to +5% with an operating return on sales of between 7.5% and 8.5%, expecting a stronger truck market in the second half of 2025.
- The warning signs emanating from Traton's quarterly results point to a broader industry-wide adjustment, as companies grapple with declining demand and increasing competition from low-cost producers.
- How will the EV transition impact not only Volkswagen's own profitability but also the entire automotive sector, which may be forced to adapt to new market realities more rapidly than anticipated?