VW’s MAN Truck-Making Unit Plans to Cut 1,800 Jobs to Lower Costs
MAN SE, the German truck maker owned by Volkswagen AG, plans to reduce the workforce of its European commercial-vehicle operations by about 5% to cut costs and revive profit.
MAN Reports First-Quarter Loss
German truck maker MAN SE posted a first-quarter loss as expenses rose and sales declined, Bloomberg News reported.
April 29, 2013MAN’s 2Q Profit Rises on Stronger European Truck Market
European truck maker MAN SE posted an improved second-quarter profit and boosted its 2011 earnings outlook on higher truck demand, Bloomberg reported Thursday.
July 28, 2011European Truck Makers MAN, Scania Consider Joint Efforts
European truck makers Scania AB and MAN SE are considering a joint effort to make commercial vehicles and potentially become Europe’s largest truck maker, Bloomberg reported Monday.
November 15, 2010MAN’s Third-Quarter Income Improves
German truck maker MAN SE’s third-quarter net income jumped to about $250 million, from $6 million a year ago, the company said Thursday.
October 28, 2010