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TRUCK MAKER MAN
Renault teams up with Thales to boost France's drone productionRenault will manufacture military drones for Thales. Production of 1,000 units monthly is set to begin next year. This partnership aims to ...- European freight truck makers brace for wave of low-cost Chinese rivalsChinese truck manufacturers are set to enter the European market in 2026 with electric trucks. Companies like BYD and Geely's Farizon plan ...
- German truck maker MAN to cut up to 9,500 jobs to become profitableMAN said it planned a partial relocation of some of the development and production processes to other sites, adding that sites at Steyr in ...
- Sweden’s Scania Commercial Vehicles committed to Indian market, says Petr NovotnyScania, which entered India with a local manufacturing base in 2013, suffered a setback in the country as its investments in the bus busine...
- Volkswagen’s MAN Trucks India dealers planning to move court“The dealers of MAN Trucks had invested over Rs 200 crore in infrastructure, software equipment, etc., in the last few years at their deale...
- Force Motors to acquire Man Trucks' Pithampur facilityThe arrangement would be subject to receipt of necessary approvals and it is expected that the actual transfer of the facility may happen b...
- Volkswagen Group owned MAN Trucks exits Indian marketMAN trucks will have aftersales as an active function for next 5 years to provide support to its customers.
- MAN trucks puts existing projects on holdA spokesperson for MAN Trucks confirmed the development but did not say why the projects were being put on hold.
- MAN Truck & Bus expects India to be one of its top 5 non-European markets by 2020In an interview to Sharmistha Mukherjee, he says demonetisation has hit sales, but the situation should improve by the second half of 2017.
- Chinese truck maker BeiBen eyes Indian market; to introduce it's vast array of vehicles soonGovernment’s renewed focus on infrastructure and promise to undertake fresh measures to revive the economy have rekindled optimism in the s...
- Volkswagen AG to complete purchase of ScaniaVolkswagen AG has enough shares to take complete ownership of Swedish truck-maker Scania and move ahead with integrating its commercial veh...
- Plan to capture 5% market share in 2-3 years: Stefan Holzmann, MAN Truck & Bus AGStefan Holzmann tells ET that India is an important market and the truck maker plans to capture 5% market share in the next two to three ye...
- Force Motors Q3 net dips 82.82 pc to Rs 2.33 crForce Motors today said its net profit dipped by 82.82 per cent to Rs 2.33 crore for the third quarter ended December 31, 2011.
- Sales of premium trucks replicate successful run enjoyed by top-end passenger carsSales of premium trucks are replicating the successful run enjoyed by top-end passenger cars, as transporters see sense in buying larger an...
- MAN risks 300 million euros in corruption costs: reportThe German industrial conglomerate MAN could face up to 300 million euros (450 million dollars) in fines, costs and fiscal sanctions.
- German MAN to buy 25 percent of Chinese SinotrukThe German heavy truck maker MAN unveiled a key Chinese investment on Wednesday, saying it would buy 25 percent plus one share of the count...
- Scania plans counterbid to fend off MANScania, the target of a hostile takeover bid by truck-maker MAN, urged its German competitor to withdraw the proposal and said a range of p...
- Scania does an Arcelor, pays extra dividend to fight MAN bidTruck maker Scania, fighting a E10.3bn ($12.9bn) bid from rival MAN, said on Monday it would be able pay an extra dividend of 35 crowns a s...
- Volkswagen picks up 15.1% stake in MANVolkswagen bought a 15.1% stake in MAN, turning the tables on Europe’s third-largest truckmaker and blocking its attempted takeover of Swed...
- No, thanks: Scania exec says firm can go it aloneScania, which this week rejected a e9.6bn ($12.2bn) takeover offer from rival MAN, can continue independently and stay profitable, one of i...
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