UPDATE 2-MAN CEO says truck unit not for sale - report


(Adds share price reaction, fund manager comment) FRANKFURT, July 23 (Reuters) - Shares in German truck and engineering group MAN skidded on Wednesday after its chief was quoted as saying the firm did not want to part with its truck business, dampening speculation of a takeover. "We have no intention to sell the commercial vehicles unit," Chief Executive Rudolf Rupprecht told Focus Money weekly in a summary of an article due to appear on Thursday. "Building commercial vehicles is our ...

Premium Content (PAID Subscription Required)

"UPDATE 2-MAN CEO says truck unit not for sale - report" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×