
Volkswagen to Trim Traton Stake, Retain Control at 75%
VW plans to reduce its 87.5% holding in the truck maker to just above three-quarters ownership, keeping voting control while freeing up capital.
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VW plans to reduce its 87.5% holding in the truck maker to just above three-quarters ownership, keeping voting control while freeing up capital.

DTNA will shutter its 79-year-old Portland facility in October, cutting 400 jobs, while planning a new truck plant it says will be its largest U.S.…