Truck maker MAN invests in German sites, launches cost-cutting programme

Traton SE

15/01/2026 11:27

Jan 15 (Reuters) - Traton's MAN Truck & Bus said on Thursday it would invest nearly one billion euros in its German sites by the end of 2030, as it launched a cost-cutting programme.

The German truck maker said the programme will reduce costs by around 900 million euros  ($1.05 billion) by 2028.

It added that it agreed with works council and IG Metall union to grant job security at least until the end of 2035.

($1 = 0.8595 euros)

 (Reporting by Linda Pasquini
Editing by Madeline Chambers)

 ((linda.pasquini@thomsonreuters.com; +48 58 7785261;))