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MAN Truck & Bus to Invest Nearly One Billion Euros in German Facilities
As part of its "MAN2030+" future program, MAN Truck & Bus has unveiled a comprehensive investment and security strategy for its German operations. According to the plan, nearly one billion euros will be invested in German plants through the end of 2030. This initiative aims to modernize the company's production base and strengthen its long-term global competitiveness.
As part of its "MAN2030+" future program, MAN Truck & Bus has unveiled a comprehensive investment and security strategy for its German operations. According to the plan, nearly one billion euros will be invested in German plants through the end of 2030. This initiative aims to modernize the company's production base and strengthen its long-term global competitiveness.
The cornerstone of the program is a key strategy document that guarantees the long-term preservation of all German sites. It also establishes job security for employees until at least the end of 2035—with the potential for an extension through 2040, depending on the company’s performance.
The planned investments are designed to "future-proof" the facilities by focusing on:
Electrification, digitalization, and automation of production processes.
Development of next-generation vehicles.
Simultaneously, the program targets significant efficiency gains. MAN aims to realize approximately 900 million euros in cost savings by 2028. These savings are primarily expected to come from non-labor-related measures, such as reductions in material, procurement, and overhead costs.
In addition to its domestic investments, the company plans to make substantial new investments in Eastern Europe for future vehicle generations based on the TRATON Modular System (TMS). These efforts will specifically focus on electrification and future platform developments.