Traton Reports Drop in Sales, Profit
The front of the stock exchange is decorated with Traton SE posters to mark the company's IPO. (Boris Roessler/dpa/TNS) MUNICH — Volkswagen’s commercial vehicle subsidiary Traton on April 28 reported a slump in sales and profit in the first quarter. The Munich-based company saw turnover fall by 10% to 10.6 billion euros ($12 billion) compared ...more