Traton posts slight increase in Q2 deliveries but US tariffs weigh

By Amir Orusov

(Reuters) -German truck maker Traton reported on Wednesday a 1% increase in second-quarter deliveries year on year despite ongoing uncertainty over U.S. import tariffs.

The Volkswagen subsidiary said its international motors division saw a 10% increase in sales to 17,600 vehicles following a fire at a supplier's plant in the prior-year quarter.

"The U.S. market faces ongoing uncertainty regarding the impact of import tariffs and the economic outlook," a statement said, adding that half-year sales in that unit had fallen by 2%.

Shares in Traton were up 2.4% at 1028 GMT.

Fabio Hoelscher, a Warburg Research analyst, said the volumes at Traton's most important segments, Scania and MAN, were ahead of estimates and rose sequentially.

However, Traton's commentary from the second-quarter pre-close call continues to suggest a weaker third quarter and the guidance remains rather optimistic in current conditions, Hoelscher added.

German carmakers are pushing for a deal with President Donald Trump to replace a hefty 25% tariff on car and car part imports to the United States that is weighing on demand in their key market.

(Reporting by Amir Orusov, editing by Rachel More)

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