Volkswagen is considering spinning off its commercial vehicle division – comprising Scania, MAN, Volkswagen Caminhões e Ônibus and Rio– by the end of the year. Although dependent on market conditions, Volkswagen is targeting an IPO of the commercial vehicles business as Traton Group. Ahead of the biannual IAA show in Hannover, which begins on Thursday, Volkswagen said that now was the right time to set the course for the future of Traton. Traton, formerly Volkswagen Truck & Bus, has also […]
DX Group expects to have a market capitalisation of £200m when it begins trading on London’s AIM next week.
Turnover at Ceva Logistics fell 6% in the first three months of 2013, while its profit halved as the company continued with its cost reduction measures.
Clipper Logistics Group saw turnover in all of its divisions soar in the year before its IPO as a result of e-commerce business win, as well as organic growth from existing contracts.