MAN Nutzfahrzeuge is expecting a record year in 2008, despite the growing international financial crisis.
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In an interview with Automobilwoche, chairman, Anton Weinmann said the truck division has a good chance of breaching the 100,000 unit sales market for the first time this year.
Order intakes from emerging markets are high and the company is currently pursuing negotiations with two potential joint venture partners in China.
Weinmann is particularly pleased with the way the company’s partnership with Force Motors in India is developing. It has been producing trucks there since this beginning of this year at a rate of up to 5,000 units a year. The venture is planning to expand capacity to 24,000 units in the next five years. Russia is another important market, with sales in the first half of 2008 at almost the same level as the number of trucks sold there in the whole of 2007.
Karl Viktor Schaller, head of development for MAN Nutzfahrzeuge, is expecting the global financial situation to worsten next year, but he sees demand in the middle east and Russia growing further, helped by recent falls in oil and steel prices.
