Germany: MAN’s CV business sees margin fall in Q1

Despite headlining its Q1 2012 group results "Slower growth in difficult markets", MAN SE also acknowledged that "the slump in commercial vehicle demand that had been widely feared failed to materialize." In fact, order intake in the company's Commercial Vehicles (CV) business area actually rose by 1% in Q1 2012, Subscribe to Automotive World to … Continued

• By Webmaster
• May 3, 2012