MAN AG
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MAN AG | |
Type | Public (Xetra: []) |
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Founded | 1758 |
Headquarters | Munich, Germany; manufacturing facilities in the Ruhr area, Augsburg, Saarland and abroad |
Key people | Håkan Samuelsson, President and CEO |
Industry | Manufacturing |
Products | commercial vehicles, industrial services, Diesel engines, Turbomachines |
Revenue | € 15 billion (2005) |
Employees | 60,000 (2005) |
Website | www.MAN.de |
MAN AG (formerly called Maschinenfabrik Augsburg-Nürnberg AG) is a German transportation company. The MAN Group is mostly known for producing buses and trucks though the group is primarily involved in engineering activities.[citation needed] MAN specialises in:
- Commercial vehicles
- Diesel engines
- Turbomachines
- Industrial services
The company has roots that go back to 1758 where it was the first iron works in the Ruhr region. Today it is one of Europe's leading manufacturers of engineering equipment and vehicles. In 2005, its 60,000 employees generated annual sales of around € 15 billion in 120 different countries. It is continuously trying to strengthen its market presence and has joint ventures and other cooperations with local companies in India, Poland, Turkey and the United States.
MAN is listed on the DAX and is well respected in the field of transport engineering, having won numerous prizes. The latest ones achieved were in 2006 with the title "Truck of the year" and "coach of the year".
On 18 September 2006, MAN made a 10.3bn. € heavy offer for a takeover of Scania AB, one of the leading truck and bus companies in Sweden. If the merger sees fruition, they would become Europe's biggest truck maker. MAN AG bought 14,5 % voting shares in Scania AB. Volkswagen AG, Scania's largest shareholder, acquired a stake of 20% of MAN, and has applied for permission to increase to 30%. It is expected that a combined MAN-Scania will also absorb Volkswagen's Brazilian Heavy Truck operations (but not the European Van operations, which VW will retain). Volkswagen is expected to have a blocking minority stake of at least 25.1% in the merged entity.
Contents |
[edit] Divisions
- MAN Nutzfahrzeuge AG [1] (roughly 50% of overall sales; 88% of division sales come from European market)
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- Commercial vehicles: trucks (61% of group sales), aftermarket parts and service (18%), buses (14%), engines and components (7%)
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- 2-stroke and 4-stroke diesel and gasoline engines: large marine and stationary diesel engines, engines for vehicles, industrial applications, power stations, yachts, passenger ships, ships, and work-boats (tankers, tugboats, icebreakers), railways.
- MAN Turbo AG [2]
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- Turbomachines: compressors and turbines for process industry and power generation worldwide; used in oil & natural gas, refinery, chemical & petrochemical, fertilizers, industrial gases, iron & steel processing and mining, power generation applications.
- MAN Ferrostaal AG [3] (roughly 20% of sales)
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- Industrial services: projecting, delivery, assembly, including steel-based structures
[edit] Products - MAN Nutzfahrzeuge AG division
[edit] Trucks
- LE Series
- FE Series
- HX Series
- SX Series
- Hazmat tender
- Angloco foam tender
- Command unit
- ERF - a UK only brand, bought from Paccar in 2000
- TGL Series
- TGM Series
- TGA Series
[edit] Buses
- Lion's City city/interurban bus
- Lion's Classic city/interurban bus
- Lion's Regio interurban bus
- Americana city bus
- NM 223/283
- NL/ÜL 313/363 F (LF)
- NL 262 R
- NG 263/313/363 F (LF)
- ND 243 F
- 10.225 FOCL midi coach
- 12.220 HOCL
- 14.280 HOCL
- 12.220 HOCL-NL
- 14.220 HOCL-NL
- 18.220/ 260/ 280 HOCL-SL
- 18.220/ 260/ 280/ 310/ 360 HOCL-SÜ
- 18.220/ 260/ 310 HOCL-NL (LF)
- 18.260/ 310/ 360/ 410/ 460 HOCL
- 24.310/ 360/ 410/ 460 HOCLN
- 28.310 HGOCL
[edit] External links
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Categories: Articles with unsourced statements | 1758 establishments | Bus manufacturers | Truck manufacturers | Companies of Germany | Motor vehicle manufacturers of Germany | Companies listed on the Frankfurt Stock Exchange | Emergency services equipment makers | Companies without an unabbreviated name