Volkswagen's truck unit Traton plans to increase profitability by 2029
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Volkswagen's truck unit Traton has announced five-year targets to increase profitability by 2029, aiming for a return on sales of 9-11%, up from 8-9%. The company expects revenue growth of 20-40% and plans to fully repay its debt during this period. Traton will also focus on enhancing its North America business, starting with renaming its US unit Navistar to International Motors.
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