Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

News SummaryMost relevantAll newsSector newsTweets 

Volkswagen AG : MAN the clear front-runner on Brazil’s truck market again in 2011

share with twitter share with LinkedIn share with facebook
share via e-mail
01/16/2012 | 02:13pm CEST

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.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on VOLKSWAGEN AG
05/26 FROM BEETLE PRODUCER TO A GLOBAL PRO : The Volkswagen Group has been democratizi..
05/26DJVOLKSWAGEN : Ex-VW Official to Stay in Jail -- WSJ
05/25 VOLKSWAGEN : Researchers from Korea University Detail New Studies and Findings i..
05/25 AUDI : Patent Issued for Hybrid Drive Device for a Motor Vehicle (USPTO 9651119)
05/25 AUDI : Patent Issued for Lining Part and Method for Producing a Lining Part (USP..
05/25 GM is accused in lawsuit of cheating on diesel truck emissions
05/25 VOLKSWAGEN : Italy court to take on consumer group class action against Volkswag..
05/25 DAIMLER : Prosecutors investigate Bosch employees in Daimler probe - Handelsblat..
05/25 AUTO NEWS : Rose Cup, VW diesel sales and thrify buyers
More news
Sector news : Auto & Truck Manufacturers - NEC
05/26DJWALL STREET TO CEOS : The Future Is Now
05/25DJFORD MOTOR : Announces More Management Changes--2nd Update
05/25DJFORD MOTOR : Announces More Management Changes--3rd Update
05/25 GM is accused in lawsuit of cheating on diesel truck emissions
05/25DJGENERAL MOTORS : GM Sued by Diesel Truck Owners Over Emissions -- 2nd Update
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
05/26 POTUS talks up Germany vs. Detroit imbalance
05/26 WALL STREET BREAKFAST : Crude Oil Stabilizes After Yesterday's Plunge
05/26 Trump reportedly blasts "very bad" German carmakers over U.S. sales
05/25 GM Tumbles After Emissions Cheating News
05/22 Disruption Creates Winners And Losers
Financials (€)
Sales 2017 225 453 M
EBIT 2017 16 123 M
Net income 2017 11 761 M
Debt 2017 14 251 M
Yield 2017 2,50%
P/E ratio 2017 5,96
P/E ratio 2018 5,59
EV / Sales 2017 0,38x
EV / Sales 2018 0,36x
Capitalization 70 541 M
More Financials
Duration : Period :
Volkswagen AG Technical Analysis Chart | VOW3 | DE0007664039 | 4-Traders
Full-screen chart
Technical analysis trends VOLKSWAGEN AG
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 167 €
Spread / Average Target 21%
Consensus details
EPS Revisions
More Estimates Revisions
Matthias Müller Chief Executive Officer
Hans Dieter Pötsch Chairman-Supervisory Board
Martin Hofmann Head-Group Information Technology
Peter Mosch Member-Supervisory Board
Bernd Osterloh Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
VOLKSWAGEN AG3.45%78 843
TOYOTA MOTOR CORP-13.61%174 023
DAIMLER AG-6.97%78 179
HONDA MOTOR CO LTD-10.32%49 500
More Results