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D'Ieteren Automotive restructures, cites EV shift and Chinese competition
Le SoirLO·BE·about 5 hours ago
Volkswagen Trucks and Buses (Traton) announced a partnership with China's SAIC to develop a new light commercial vehicle family, marking Traton's entry into a segment it currently does not serve. The vehicle will be produced in China and imported to Brazil and Argentina, with a November unveiling. This signals a strategic shift for Traton and a potential competitive threat in the Brazilian light commercial market.
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