VW to suspend sale of MAN ES

MAN Energy Solutions expects sustainable energy solutions to account for 50% of its business by 2030.

The Volkswagen Group has committed to suspend the sale of MAN ES until end-2024 at the earliest, and end-2026 should the group consistently meet agreed profitability levels after the restructuring. MAN Energy Solutions has also all but halved the number of expected job losses in Germany to 1,650 under the ...

Continue this article…

Already subscribed? SIGN IN now

V2-MS

Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!