Munich, 2012-01-16
Strong growth also seen in the bus market
2011 saw MAN Latin America once again record the most
truck registrations in Brazil by far. According to
national register Renavam, 50,829 MAN trucks were
registered in Brazil. This makes MAN the most successful
manufacturer of trucks over 5 tons in Brazil for the
ninth year in a row with a market share of 29.7 percent.
The registration authority also recorded 11,139 bus
chassis for MAN's Volksbus brand. This corresponds to a
32.2 percent slice of the bus market. With a total of
almost 62,000 newly registered commercial vehicles, MAN
enjoyed an increase of 18 percent compared with 2010.
MAN Latin America also exported 9,500 vehicles outside
Brazil - a 17.4 percent rise. Argentina and Chile were
the main importers.
In 2012, MAN Latin America will offer all vehicles with
Euro 5 engines since the emission standard applies in
Brazil starting January 2012. MAN is able to benefit from
its experience in the European commercial vehicle
business. The Euro 5 has been mandatory in the region
since 2009. MAN is also expanding its product range in
Latin America to include extra-heavy MAN-branded trucks
boasting 400 horsepower or more.
At its plant in Resende in the south of state Rio de
Janeiro, MAN Latin America produces trucks in the
Constellation (13-57 tons), Worker (13-31 tons), and
Delivery (5-9 tons) ranges as well as bus chassis in the
Volksbus series. The company has around 7,000 employees
and a production capacity of up to 82,000 trucks and bus
chassis per year. In order to secure its strong market
position and leverage medium-term market opportunities,
MAN will invest more than €400 million between 2012 and
2016 in additional production capacity as well as in
research and development.
The MAN Group is one of Europe's leading industrial
players in transport-related engineering, with revenue of
approximately €14.7 billion in 2010. As a supplier of
trucks, buses, diesel engines, turbomachinery, and
special gear units, MAN employs approximately 52,300
people worldwide. Its divisions hold leading positions in
their respective markets. MAN SE, Munich, is listed in
the Dax equity index, which comprises Germany's thirty
leading stock corporations.
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