MAN Commercial Vehicles to surpass cost cut target

Newswire

MUNICH, Sept 24 (Reuters) - MAN's commercial vehicles business will exceed its 500 million euro ($736.4 million) cost savings target for this year "by a good 100 million", division chief Anton Weinmann said on Thursday. He told reporters that the question of whether MAN Commercial Vehicles would make an operating profit this year was extremely difficult. "It will depend on the absolute sales volume in the second half and we cannot sufficiently forecast what this would be from today's ...

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