FILE PHOTO: Guests stand on the sales space of Volkswagen’s truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer
FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) Traton (8TRA.DE) industrial truck unit has seen cancellations of orders because of the coronavirus outbreak however these are manageable, its chief instructed a German journal in an article printed on Friday.
WirtschaftsWoche additionally quoted Andreas Renschler as saying that he couldn’t rule out important job cuts.
Reporting by Tom Sims; modifying by Thomas Seythal