MAN AG  has increased its sales and order intakes in the first eight months of the year.


According to dpa-AFX, between January and August, MAN’s turnover was around EUR9bn, an increase of 13% compared to a year ago. Order intakes were EUR12.7bn, an increase of 22% compared to a year ago. This is an increase compared to the first six months of the year when turnover was up 12% and order intakes up 20%.


MAN CEO, Hakan Samuelsson, said that its outstanding businesses are Commercial Vehicles and Diesel, and that the performance to date means that the group is on track to meet its full year target of a 10% increase in turnover. Return on sales is expected to reach just over 10%. Without taking into account restructuring costs for its loss-making bus division, Samuelsson said a return of 10.5% would have been achievable. Long-term, MAN is looking for return on sales of 8.5%.


MAN is planning to move bus production from Saltzgitter, Germany, to Poland. Around 200-300 buses will be assembled each year with significant cost advantages because of the peculiarly labour intensive nature of bus assembly.


Samuelsson said that although a recent boom in truck demand has ended, “all signs suggest that we have a stable market.” In particular growth is expected to come from eastern Europe and Asia. This year MAN is hoping to sell 100,000 trucks, up from 80,000 last year. By 2009 it wants to increase this further to 110,000 units.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In India MAN has set up a joint venture with Force trucks that should be producing around 25,000 trucks a year by 2010,with half of those going for export to other Asian countries. After India, MAN is hoping to target China. At the end of August, MAN entered into exclusive cooperation talks with the Chinese firm Weichai Group.