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Germany: Knorr-Bremse sees 2009 sales fall 18%

Citing a slump in revenues in its Commercial Vehicle Systems division, braking specialist Knorr-Bremse has reported an 18% fall in 2009 revenues to €2.76bn (US$4bn). In 2008, revenues amounted to €3.384bn. In the Commercial Vehicle Systems division, the company reported that the global financial and economic crisis in 2009 resulted in Subscribe to Automotive World … Continued

Citing a slump in revenues in its Commercial Vehicle Systems division, braking specialist Knorr-Bremse has reported an 18% fall in 2009 revenues to €2.76bn (US$4bn). In 2008, revenues amounted to €3.384bn.

In the Commercial Vehicle Systems division, the company reported that the global financial and economic crisis in 2009 resulted in

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https://www.automotiveworld.com/articles/80369-germany-knorr-bremse-sees-2009-sales-fall-18/

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