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Truck maker Man Se forecasts troubled 2015 on Brazilian issues
2015-03-11 10:49:08| Automakers - Topix.net
MAN SE is the third-biggest truck maker in Europe and the company has recently predicted its earnings margins and revenue would fail to soar this year because of a delivery slump triggered by financial trouble in its key markets. According to the Munich-based truckmaker, a division under the guidance of parent company Volkswagen AG - the second largest automaker in the world and the biggest in Europe - said that forecasted quotas of commercial vehicles and power-engineering orders would "slightly" dip below the sales level seen last year.
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Category:Automotive