CAPTION: The MAN Truck & Bus SE logo can be seen on the front of a
MAN Truck & Bus SE vehicle. MAN is part of the TRATON GROUP, one of
the world's leading commercial vehicle manufacturers. (picture
alliance/dpa/Matthias Balk)
The Volkswagen Group's lorry and bus subsidiary, Traton, saw commercial vehicle orders drop by 21% last year, after a very strong 2022.
Incoming orders totalled 264,800 vehicles in 2023, the Munich-based company announced.
The company produces commercial vehicles under the MAN, Scania and Navistar brand names, as well as Volkswagen Truck & Bus brands in South America.
Traton said its order backlog extends into the second half of the year.
Total sales last year hit a record high of 338,200 vehicles, an increase of 11% over 2022, as the company previously announced.
The stabilization of the supply chains and the increased production volume helped contributed to the record sales figures.
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