Volkswagen's MAN truck unit posts higher than expected Q2 loss


MUNICH, July 30 (Reuters) - Volkswagen's German truck unit MAN posted a net loss that was wider than expected for the second quarter, weighed down by provisions taken for power plant orders in the Caribbean and Corsica, the company said on Tuesday. Its after-tax loss narrowed to 41 million euros ($54.3 million) from 88 million a year earlier, but this still came well short of the 6 million euro loss estimated on average in a Reuters poll. MAN reaffirmed ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Nov 21, 2016

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More


Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×