MAN Truck & Bus Stops Production
March 19 2020 - 8:26AM
Dow Jones News
By Jessica Sier
MAN Truck & Bus is suspending production at its Munich site
in response to the coronavirus pandemic, the company said
Thursday.
The company, owned by Traton SE, is also cutting back production
at its non-German plants.
Earlier this week, the truck maker said it would implement
short-time work for German employees as of March 23, a plan that
allows workers' hours to be reduced while pay is partially covered
by the government.
"MAN is making every effort to reduce work at the sales and
service locations worldwide and maintain supply chains," said the
company in a statement.
Write to Jessica Sier at jessica.sier@wsj.com
(END) Dow Jones Newswires
March 19, 2020 08:11 ET (12:11 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Volkswagen (TG:VOW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Volkswagen (TG:VOW)
Historical Stock Chart
From Apr 2023 to Apr 2024