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

• By Webmaster
• May 21, 2014