An­other MAN gone

Herald Sun - Motoring - - Front Page -

MAN trucks chief ex­ec­u­tive of­fi­cer Hakan Sa­muels­son has un­ex­pect­edly re­signed. Sa­muels­son did not com­ment on his sur­prise de­par­ture. In a state­ment, the com­pany said Sa­muels­son hoped his de­ci­sion would help the MAN Group to quickly de­vote all of its at­ten­tion to its core busi­ness and its fur­ther de­vel­op­ment. He said he was con­vinced there should be a fresh start at the high­est level of the com­pany. An­a­lysts say the move makes it more likely Volk­swa­gen will suc­ceed with its plans to in­crease its share in MAN trucks from about 30 per cent to more than 50 per cent. VW is re­ported to be keen to roll MAN into a new com­mer­cial arm along with Sca­nia, of which it owns 70 per cent, by 2011.

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