FRANKFURT, July 27 (Reuters) - MAN AG said on Thursday it had concluded an agreement with labour representatives that would allow its commercial vehicles unit to save up to 50 million euros ($62.95 million) a year from structural improvements and investments. The German industrial conglomerate said in a statement the package included investments of 190 million euros up to 2012 aimed at boosting productivity, as well as longer working hours for employees of one to two hours per week.
Premium Content (PAID Subscription Required)
"MAN to save 50 mln eur/yr at commercial vehicle arm" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642