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AUTOMOTIVE: Traton (TRAGR Baa2[P]/BBB/NR): 3Q Sales

AUTOMOTIVE
  • Traton unit sales up 5% YoY and 11% ahead of consensus.
  • Beat mainly driven by International (Navistar) clearing a backlog caused by a fire in 2Q. Not market moving.
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  • Traton unit sales up 5% YoY and 11% ahead of consensus.
  • Beat mainly driven by International (Navistar) clearing a backlog caused by a fire in 2Q. Not market moving.