Tag Archives: Andreas Renschler

Volkswagen gears up for a potential Initial Public Offering (IPO) of TRATON GROUP

Potential IPO would further strengthen financial flexibility of TRATON GROUP and thus form the basis for accelerated growth TRATON GROUP to achieve capital market readiness by end of 2018 – change of TRATON AG’s legal form into a Societas Europaea … Read the full press release

TRATON AG and Hino Motors announce new details on their strategic partnership

Companies to deepen their strategic partnership further to leverage synergies Cooperation in e-mobility to advance sustainable powertrains and speed up product development Signed framework agreement for future joint venture aiming at realizing synergies in global procurement Yoshio Shimo: “Hino and … Read the full press release

1,000 guests at the launch of the Volkswagen automotive plant for the production of the new Crafter in Września, Poland

Opening gala with 1,000 guests from state authorities, business, employees,  the Volkswagen Group and unions About 3,000 employees will produce 100,000 vehicles annually Approx. 800 million Euros were invested WRZESNIA, Poland, 25-Oct-2016 — /EuropaWire/ — Festive plant opening in Września, Poland: … Read the full press release

Volkswagen Truck & Bus forms alliance with Navistar for strategic technology and supply cooperation and a procurement joint venture

• Volkswagen Truck & Bus has agreed to subscribe to a capital increase of US-based commercial vehicles manufacturer Navistar International Corporation, resulting in a 16.6% stake of the outstanding shares • The two companies will pursue a strategic technology and supply cooperation and establish a … Read the full press release

Mercedes-Benz announced it expects to significantly outperform the production records from the previous 3 years

Production program of more than 1.49 million vehicles Plants running at high capacity utilization also in 2013, special shifts year-round Andreas Renschler: “With this production record, Mercedes-Benz is setting yet another benchmark. This attests to the good customer response to … Read the full press release