Responsibility for engine sales changes within the MAN Group

“High-speed engines fit into our product portfolio extremely well. On the one hand, we’re able to logically supplement our product range, while on the other we’re able to move into a new maritime segment that promises profitable growth for the future,” says Dr. Stephan Timmermann, the MAN Diesel Executive Board member who will in future be responsible for the High Speed business. In 2008, sales stood at around Euro 217 million. MAN Diesel is looking to double that figure by 2015. However, the high-speed engines business is also being affected by the economic crisis, and MAN Diesel anticipates a drop in sales of around 30 per cent in this sector for 2009. 

The High Speed Business Unit will be based in Nuremberg and will be in charge of development, sales and service for high-speed engines. Production will remain the responsibility of MAN Nutzfahrzeuge – with good reason, as Arnd Löttgen, the head of the new Business Unit, explains: “Our colleagues in Nuremberg have decades of experience in the large-scale production of engines and can therefore manufacture them at very low cost. It would consequently make no sense to set up a separate production facility in Augsburg. We can also harness shared synergies, for instance in development or purchasing.” Löttgen has until now been in charge of the Engines Business Unit of MAN Nutzfahrzeuge in Nuremberg and will move, along with some 100 staff from development and sales, to MAN Diesel. 

The business with trucks, buses, construction vehicles, agricultural machinery, rail coaches and specialist applications will continue to be with MAN Nutzfahrzeuge. This will ensure a clear assignment of responsibilities for the engines business within the MAN Group: while MAN Diesel will focus on all engines for maritime and stationary applications, MAN Nutzfahrzeuge will now focus on engines for the automotive sector.

Nuremberg, December 21st, 2009