Traton sees some order cancellations, can’t rule out job cuts: WiWo

FILE PHOTO: Visitors stand at the booth 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) commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a German magazine in an article published on Friday.

WirtschaftsWoche also quoted Andreas Renschler as saying that he could not rule out significant job cuts.

Reporting by Tom Sims; editing by Thomas Seythal

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