Traton, Volkswagen Group's Truck Unit, Aims to Increase Sales in China

Volkswagen Group's commercial vehicle division, Traton, plans to increase sales in China, the world's largest truck market.

Traton currently sells MAN and Scania trucks in China, and it plans to introduce the Volkswagen Caminhoes e Onibus brand to the market in 2023.

The company is also investing in local production in China, and it plans to build a new plant in the country by 2024.

Traton's move to increase sales in China comes as the country's truck market is expected to grow in the coming years.

According to industry analysts, the Chinese truck market is expected to grow by 5% annually over the next five years.

Traton's plans to increase sales in China are part of its overall strategy to become a global leader in the commercial vehicle market.

The company is also investing in new technologies, such as electric and autonomous vehicles.

Traton's goal is to become a leader in the global commercial vehicle market by 2030.