Traton Group: sales revenue 2016-2023
Through 2016 to 2019, the Traton Group saw a period of steady growth with sales revenue climbing from about 22 billion euros in 2016 up to about 27 billion euros in 2019. In 2020, the Traton Group saw a decline of sales revenue to about 22.6 billion euros. Finally, the short period of decline was followed by a period of extensive growth from 2021 to 2023, with sales revenues of about 30.6 and 46.9 billion euros respectively.
The brief period of decline in revenue was in the midst of both the COVID-19 pandemic and global semiconductor shortages. It was not only the Traton Group that suffered such losses as the number of cars sold worldwide suffered a decline during that same period.