MAN aims to cut costs by 200-250 mln euros by 2005

Newswire

MUNICH, March 25 (Reuters) - German trucks and engineering group MAN said on Tuesday it was aiming to cut costs by 200-250 million euros ($214-268 million) over the next few years as it battles with a weak economy. MAN Chief Executive Rudolf Rupprecht told the group's annual news conference the cuts should be achieved by around 2005. MAN said earlier it had started the year with a slight increase in sales but a drop in new orders, hit by weak business in its main domestic market. It is ...

Premium Content (PAID Subscription Required)

"MAN aims to cut costs by 200-250 mln euros by 2005" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×