Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
MAN SE
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Postwar period=== After the end of World War II, the allies split up the GHH group. A [[vertical integration]], in which mining, iron, and steel production are consolidated, was not allowed anymore. The "Gutehoffnungshütte", together with the MAN firms of Southern Germany, therefore concentrated on engineering, plant construction, commercial vehicles, and printing machines. This process has been supported by strategic acquisitions and dispositions; one of the most important was the take-over of the truck and bus division of the commercial vehicles manufacturer [[Büssing]] (1971), the disposition of the shares of the shipyard Deutsche Werft (1966/67), and the acquisition of the printing machine producer Faber&Schleicher, as well as its fusion to [[Manroland|MAN Roland Druckmaschinen AG]] (1979).<ref name=MAN_history/> In 1980, MAN took control of [[Burmeister & Wain]], the Danish company that had been a world leader in design and construction of large diesel engines for large ships. In 1982/83, the "Gutehoffnungshütte" plunged into a deep corporate crisis. The enterprise suffered from the late effects of the second oil crisis and a bad economic situation. This was particularly displayed by the dramatic downturn of the commercial vehicle sales figures. Besides external factors, the chief course of these problems was the obsolete company structure with extensive cross-subsidisation between the divisions. At this time, the former director of GHH presented a reclamation concept that envisioned a complete consolidation of the subsidiary with the holding company. This concept encountered great resistance with GHH's major shareholders Allianz AG and Commerzbank. The media speculated about a "Bavarian conspiracy" against the management in Oberhausen.<ref name=MAN_history/> In 1986, with Klaus Götte, the group got a new company structure and became a contractual group with an economically independent division at several locations. This was also attended by the transferring of the MAN headquarters from Oberhausen to Munich, and by the new company name, MAN AG. Rudolf Rupprecht repelled a takeover attempt in 2003. Furthermore, the disposition of the 50% share of the SMS Group and the strengthening of the turbomachinery division through the takeover of Sulzer Turbo induced MAN's focusing process. In 2006, MAN entered into an agreement with Indian company [[Force Motors]] to establish a 50:50 joint venture for the production of trucks and buses in [[India]] for the domestic and export markets. The joint venture established a truck manufacturing plant in [[Pithampur]], [[Madhya Pradesh]], and launched its first truck for the Indian market in 2007. At the end of 2011, MAN bought out the stake of its Indian partner, and its operations in India became a wholly owned subsidiary of MAN in early 2012.<ref name=mt-apc2012>{{cite web|url=http://www.neotrucks.com/pdf/20120214_jpk_presentation.pdf|title=Annual Press Conference - February 14, 2012|publisher=MAN SE|access-date=22 February 2012}}{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite web | archive-url = https://web.archive.org/web/20161017170542/https://www.corporate.man.eu/en/press-and-media/presscenter/Ten-years-of-MAN-Truck-and-Bus-in-India-264577.html | url = https://www.corporate.man.eu/en/press-and-media/presscenter/Ten-years-of-MAN-Truck-and-Bus-in-India-264577.html | archive-date = 17 October 2016 | title = Ten years of MAN Truck & Bus in India | work = PressCenter | publisher = MAN SE | date = 16 September 2016 }}</ref> MAN ended production and sales in India and sold the Pithampur plant back to Force Motors in 2018.<ref>{{cite web|url = https://www.financialexpress.com/auto/car-news/force-motors-acquires-man-trucks-indian-manufacturing-plant/1289707/ | title = Force Motors acquires MAN Trucks' Indian manufacturing plant | publisher = financialexpress.com | date = August 23, 2018 }}</ref> In September 2006, MAN produced an offer for the take-over of the Swedish competitor [[Scania AB]]. The European Commission approved the takeover on 14 December. Nevertheless, MAN voluntarily withdrew the offer on 23 January 2007, after Scania's major shareholders [[Volkswagen AG]] and the influential Wallenberg family had declined the offer. On 24 December 2008, MAN published to possess further stock options of Scania and to therefore maintain more than 20% of the voting rights. As of October 2019, MAN SE still owns 17.37% of the voting rights in Scania, with the remainder of Scania being directly owned by Volkswagen Group's heavy commercial vehicle subsidiary, Traton SE.<ref>{{cite web|url = https://www.corporate.man.eu/man/media/content_medien/doc/global_corporate_website_1/investor_relations_1/unternehmenspraesentation/MAN-Unternehmenspraesentation-EN.pdf | title = MAN SE Company Presentation | publisher = MAN SE | date = October 2019 }}</ref> In 2008, the MAN group celebrated its 250th anniversary with numerous events, such as exhibitions in several museums, a vintage car tour with the motto "MAN on the road again", and a great anniversary gala. At the beginning of December 2008, MAN took over [[Volkswagen]]'s Brazilian truck and bus operation, [[Volkswagen Caminhões e Ônibus]], putting the division under the control of MAN Latin America. Therewith, MAN now is a market leader in [[Brazil]], with a market share of 30%. Since May 2009, the group is incorporated as European corporation MAN SE.<ref name="man-pr-2009-05-26">{{cite web|url=http://www.man.eu/MAN/en/Investor_Relations/Finanznachrichten/Pressemitteilungen/index.html?qry=20090526-manse|title=MAN becomes a European stock corporation|date=26 May 2009|work=www.man.eu|publisher=MAN SE|access-date=17 December 2009|url-status=dead|archive-url=https://web.archive.org/web/20110720164541/http://www.man.eu/MAN/en/Investor_Relations/Finanznachrichten/Pressemitteilungen/index.html?qry=20090526-manse|archive-date=20 July 2011|df=dmy-all}}</ref> In July 2009, MAN published to merge the two divisions, MAN Turbo and [[MAN Diesel]], into one business area called Power Engineering. In addition, the group contracted a strategic partnership with Chinese truck manufacturer [[China National Heavy Duty Truck Group|Sinotruk]], purchasing 25% + 1 share of the company. In the course of this focusing process, many smaller subsidiaries and divisions have been sold. In 2009, investigators of the Munich [[Staatsanwaltschaft|Prosecutor's Office]] uncovered a corruption affair, in which MAN had been bribing business partners and governments in over 20 countries from 2001 to 2007, to get large orders for buses and trucks. MAN CEO Håkan Samuelsson and other board members had to resign. The board of directors appointed Dr.-Ing. Georg Pachta-Reyhofen, the former CEO of MAN Diesel, as successor. On 17 December 2009, Pachta-Reyhofen was assigned as speaker of the board and CEO of MAN SE by the board of directors. <gallery widths="200px" heights="200px"> File:Sylt 25.08.2013 18-06-44.JPG|MAN truck 11-136 File:MAN Feuerwehrfahrzeug, Füssen.webm|thumbtime=4|MAN fire engine File:MAN TGS 26.480 6X4 BL (30S).jpg|A 2016 MAN TGS 26.480 6×4 BL (30S) truck Image:SteamTurbine.jpg|MAN [[steam turbine]] Image:MANConstellation.jpg|[[Volkswagen Caminhões e Ônibus]] [[Volkswagen Constellation|Constellation]] truck </gallery>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
MAN SE
(section)
Add topic