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Contracting European bus market leads to consolidation

MAN's Buses business recorded a widening in operating loss for the first quarter of this year, owing to volume-related factors. Q1 of 2014 saw the Buses division post sales revenue of €229m (US$313.15m), down 18% compared with €280m recorded during the January-March 2013 period. Subscribe to Automotive World to continue reading Sign up now and … Continued

MAN's Buses business recorded a widening in operating loss for the first quarter of this year, owing to volume-related factors. Q1 of 2014 saw the Buses division post sales revenue of €229m (US$313.15m), down 18% compared with €280m recorded during the January-March 2013 period.

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https://www.automotiveworld.com/articles/contracting-european-bus-market-leads-consolidation/

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