Arrival is on the verge of insolvency, media report

Arrival may be close to bankruptcy. Indeed, this would not be a surprise, as the newcomer has been struggling for quite a long time. The last news we have been reportedly dated back to February 2023 and concerned the UK company announcing 50% reduction of workforce in an effort to cut operating cost...

Traton sales grew 11% in 2023 (but incoming orders decreased)

Traton group sold 338,200 vehicles in 2023, 11% more than in the previous year (2022: 305,500). The increase in the Group’s unit sales “was the result of the very high order backlog, increasingly stable supply chains, and a higher production volume”, Traton states. On the other side, an ...
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