MAN expects no change in sales of heavy duty vehicles in core European markets next year while it could take “several years” to solve problems in its bus operations, the company said.
Anders Nielsen, head of MAN’s truck and bus division said: “There will probably be the same volume in Europe in 2013 and 2014.”
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The division posted an EUR11m (US$15.16m) operating loss in the third quarter, extending the nine month loss to EUR47m (US$64m).
