Skip to content

MAN Truck & Bus production realignment to cost 1,800 jobs

In order to boost its efficiency and to avoid duplication of work, MAN Truck & Bus has decided to streamline its production network across Europe. This move will result in the loss of 1,800 jobs, which will go through voluntary redundancies

In the first quarter of 2015, MAN Group's commercial vehicles division saw its sales revenue decline by 2% year-on-year to €2.29bn (US$2.57bn), compared with €2.34bn recorded for the corresponding quarter in 2014. As a result, this division's operating profit fell sharply by around €31m to €11m, down from €42m in the first quarter of last year.

It’s time to log in (or subscribe).

Not a member? Subscribe now and let us help you understand the future of mobility.

Pro
£495/year
or £49.50/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
no
OEM Tracker
no
OEM Model Plans
no
OEM Production Data
no
OEM Sales Data
no
Pro+
£1,950/year
or £195/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Team
£3,950/year
or £395/month
Up to 5 users
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Enterprise
Unlimited
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes

Welcome back , to continue browsing the site, please click here