September 18, 2018 / 9:46 AM / in a month

Volkswagen's truck unit Traton plans JV with China's Sinotruk

HANOVER, Germany (Reuters) - Volkswagen’s (VOWG.DE) truck unit Traton plans a joint venture between its MAN brand and Chinese truck maker Sinotruk (3808.HK) 000951.SZ, Traton and Sinotruk said in a joint statement on Tuesday.

They said MAN would develop a heavy-duty truck for the Chinese market, and the companies would also consider whether to cooperate on technology.

Reporting by Jan Schwartz; Writing by Caroline Copley; Editing by Maria Sheahan

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