TRATON Financial Services Celebrates a Year of Growth and Global Expansion

Munich/Södertälje, 09.09.2024 – TRATON Financial Services has completed its first year, focusing on delivering comprehensive and customer-centric financial solutions across key global markets. The company has made significant strides in establishing itself as a global provider of integrated financial services for Navistar and Scania, with ongoing integrations for MAN and Volkswagen Truck & Bus.

Since commencing operations in April 2023, TRATON Financial Services has transformed the financial landscape for the TRATON GROUP's brands. Significant market activations have occurred in South Africa, Sweden, Spain, Poland, Germany, Austria, and South Korea, with further expansions planned for the UK, Ireland, and additional markets including France, Brazil, and Italy.

Offering competitive loan and lease financing and comprehensive insurance solutions, TRATON Financial Services empowers the TRATON GROUP brands. This captive financial model drives growth, strengthens customer loyalty, and maintains brand differentiation.

CEO Christian Levin stated, "Concentrating financial services within TRATON Financial Services enables our brands to adjust their commercial offerings to meet customer needs and reinforce market positions." Johan Haeggman, CEO of TRATON Financial Services, emphasized the progress in building a global financial infrastructure that meets diverse customer needs.

As TRATON Financial Services continues to expand, it remains committed to digital transformation, sustainable finance, and innovative customer solutions. The next phase will be outlined at the TRATON Capital Markets Day on October 1st.