Traton, VW's truck unit, beat Q3 expectations with 4% share price increase.

From Investing.com: 2024-10-22 03:46:09

Shares in Traton, Volkswagen’s truck unit, rose 4% after reporting third-quarter results above expectations. Operating profit increased by 19% to 1.14 billion euros with a return on sales of 9.6%. Analysts expected profit at 1.02 billion euros and return on sales at 8.7%. Traton kept annual guidance unchanged. Volkswagen is considering plant closures amidst weak demand. ($1 = 0.9237 euros)



Read more at Investing.com: Shares in VW’s truck unit Traton jump after Q3 beat By Reuters