Finance
Union warns against truckmaker MAN's future plans in Germany
Published by Global Banking & Finance Review®
Posted on November 18, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 18, 2025
1 min readLast updated: January 20, 2026
IG Metall warns MAN's strategic decisions may impact German plants, especially Munich, amid economic challenges and competition.
MUNICH (Reuters) -Germany's IG Metall union warned on Tuesday that Traton's truck and bus brand MAN is making strategic decisions that could negatively affect workers at its German plants.
"MAN Truck & Bus SE intends to make decisions this week that will have serious repercussions for the future of its German locations, particularly for its main plant in Munich," said the union in an invitation to a press conference planned Thursday.
MAN and IG Metall declined to give more details.
Two people familiar with the discussions told Reuters that the decisions involved investments in new models, and possibly also relocating production abroad.
MAN has been hit hard by a weak economy and competition from Scania, its Swedish rival which is also owned by Volkswagen's truck unit Traton.
MAN finance chief Inka Koljonen said last month that no significant market recovery was expected in the medium term.
"Therefore, we are continuing to work resolutely to strengthen our resilience," Koljonen said.
(Reporting by Alexander Huebner, Writing by Miranda MurrayEditing by Madeline Chambers)
Corporate strategy refers to the overall plan and direction a company takes to achieve its goals and objectives, including decisions on resource allocation, market positioning, and competitive advantage.
Financial stability refers to a condition where the financial system operates effectively, with institutions able to withstand shocks and continue to provide essential services without significant disruptions.
Investment involves allocating resources, usually money, to generate income or profit. It can take various forms, including stocks, bonds, real estate, or business ventures.
The Transportation Sector encompasses all industries and services involved in the movement of goods and people, including road, rail, air, and maritime transport.
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