MAN

MAN Overview

Company Headquarters: Germany

Founded: 1898

Workforce: ~10,000

Company Working: MAN is one of leading commercial vehicle manufacturers in Europe that provides excellent transport solutions. It is a Traton Group company and has an annual turnover of around USD 12.78 billion in 2021. The product portfolio of the company includes trucks, buses, vans, diesel & gas engines, and a range of services related to the transport of passengers & goods. MAN engages in development & manufacturing of urban & intercity buses, coaches, and bus chassis under the MAN brand and, van-based minibuses & luxury coaches under the NEOPLAN brand. The company also produces industrial engines for on-road & off-road applications, marine and comprehensive services related to mobility. MAN has a global network of state-of-the-art production sites in Germany, Poland, South Africa, and Turkey.

Strategy

MAN is consistently focusing on realigning the company for development of fully autonomous, emission-free vehicles by the end of this decade. Company’s NewMAN strategy is focused on being a “robust company”, “smart innovator” and “strong team”. MAN will work towards developing new technologies and rely on solid partnerships with TRATON & VW. It aims to simplify its business processes for its customers with cutting-edge solutions to achieve sustainability.

Company Snapshot

10,000

Employees

1898

Founded

Germany

Headquarters

SWOT Analysis

Strengths

MAN is one of the world’s most valuable auto manufacturing company
Worldwide recognition for its state-of-the-art technology products and solutions

Weaknesses

Does not have independent dealer networks, which can cause difficulties with deliveries at increasing volumes mostly in international markets

Opportunities

Increasing demand for electric vehicles as they are more environment friendly , lower maintenance costs and economic incentives from government
Expansion in Asian market to increase the financial stability and stronger market presence

Threats

Disruption in the supply of battery cells from suppliers could limit production of vehicles
IT systems could subject to cyber-attacks or other security incidents resulting in data breaches or intellectual property theft

Key Developments

Date	Approach	Development
May 2023	Collaboration	MAN Truck & Bus is collaborating with Mobileye, the autonomous driving technology specialist for the development of autonomous city buses.
January 2023	Expansion	MAN Truck & Bus has established large-scale battery production plant at Nuremberg, Germany. The plant is capable of manufacturing over 100,000 battery systems per year for electric trucks and buses.

Product Offering

MAN
- Buses & Coaches

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