There is “no new date” for the relaunch of the postponed IPO of Volkswagen commercial vehicle division Traton Group, which contains the Scania and MAN brands. Despite Traton Group, formerly Volkswagen Truck & Bus, announcing record results for the first quarter of 2019 this week, a spokesman confirmed that parent company Volkswagen has no immediate plans to relaunch the IPO, which was postponed in March. The spokesman told motortransport.co.uk: “Volkswagen postponed the IPO earlier this year due to market conditions […]
TNT Express has spent £12m on 300 Euro-5 mid-range trucks as part of its fleet renewal programme.
Lubricants blender Exol Lubricants has increased its delivery fleet to 18 vehicles, following the addition of a new Euro-5 Scania unit.
Norbert Dentressangle is seeking approval to be listed on the NYSE Euronext London stock exchange from next week.