MAN Results

MAN increases sales in all product areas in 2023

25 January 2024

Commercial vehicle manufacturer MAN Truck & Bus achieved significant growth in unit sales in all product areas in the financial year 2023. In total, the company delivered around 116,000 vehicles to its customers, an increase of 37% compared to the previous year, which was still affected by supply bottlenecks and a coronavirus-related decline in demand in the bus segment: 771 e-buses were sold in 2023. In addition, 11,600 engines were sold.

Bus sales rose by 19% to around 5700 units. All segments recorded strong growth, with the market for coaches in particular, which had slumped due to the coronavirus pandemic, recovering significantly. Sales of coaches more than doubled to over 1100 vehicles. MAN reports it was able to win several tenders in the city bus business with a further increase sales of e-buses. While 263 electric city buses were sold in 2022, in 2023 this figure had risen to 771 vehicles. Together with the market launch of the eTruck in October, MAN is thus continuing to systematically pursue its strategy of decarbonizing its vehicle fleet. By 2030, half of all new MAN trucks and around 90% of

all new city buses are to have a battery-electric drive. Work is also already underway on the electric coach of the future. Truck sales developed also positively, growing by 44% year-on-year to around 83,700 units. The van business also increased significantly. With 26,600 vans (+23%) MAN Truck & Bus delivered more vans than ever before. The external engine business can look back on the second most successful year in its history after 2014. Around 11,600 engines were sold, more than half of them to customers in the agricultural sector - for use in tractors or combine harvesters, for example.