Finance

VW plans to sell 15% of Traton shares in H1, manager magazin says

Published by Global Banking & Finance Review

Posted on January 22, 2025

1 min read

· Last updated: January 27, 2026

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Volkswagen logo with stock market graphics, representing Traton shares sale - Global Banking & Finance Review
This image features the Volkswagen logo alongside stock market charts, illustrating VW's plan to sell 15% of Traton shares in early 2023, a move expected to raise approximately 2 billion euros.
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BERLIN (Reuters) - Germany's Volkswagen plans to sell 15% of its shares in truck unit Traton in the first half of this year, hoping to raise about 2 billion euros ($2.09 billion), manager magazin

Volkswagen to Sell 15% of Traton Shares in Early 2023

BERLIN (Reuters) - Germany's Volkswagen plans to sell 15% of its shares in truck unit Traton in the first half of this year, hoping to raise about 2 billion euros ($2.09 billion), manager magazin reported on Wednesday, citing unnamed company sources.

Volkswagen was not immediately available for comment.

($1 = 0.9571 euros)

(Reporting by Christina Amman; Writing by Madeline Chambers; editing by Matthias Williams)

Key Takeaways

  • Volkswagen plans to sell 15% of Traton shares.
  • The sale is expected to raise about €2 billion.
  • The transaction is planned for the first half of 2023.
  • Manager magazin reported the news citing unnamed sources.
  • Volkswagen was not immediately available for comment.

Frequently Asked Questions

What is the main topic?
The main topic is Volkswagen's plan to sell 15% of its Traton shares to raise approximately €2 billion.
Why is Volkswagen selling Traton shares?
Volkswagen aims to raise about €2 billion through the sale of Traton shares, as reported by manager magazin.
When will the Traton shares be sold?
The sale of Traton shares is planned for the first half of 2023.

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