Volkswagen reports Q1 TRATON GROUP revenue of EUR 10.2B, down 4% y/y

The company said, “As expected, the TRATON GROUP got off to a slow start to 2026, yet anticipates improved business performance in the coming quarters due to an increase in incoming orders and confirms its full-year forecast. While unit sales dropped by 6% to 68,600 vehicles in the first quarter of 2026, as reported, the decline in sales revenue was more moderate, decreasing by 4% to EUR 10.2B. With a share of 22% of total sales revenue, the Vehicle Services business contributed positively to business performance. Incoming orders rose significantly by 18% to 87,800 vehicles in the first quarter. As a result, the book-to-bill ratio increased to 1.3.”