FAQ

Who are the MAN Group's primary competitors?: Trucks > 6 t (Europe): DaimlerChrysler (GER), Iveco (I), Scania (S), Volvo (S), DAF (NL)
Two-stroke diesel engines: Wärtsilä-NSD (FIN/CH), Mitsubishi (J)
Four-stroke diesel engines: Wärtsilä-NSD (FIN/CH), MaK/Caterpillar (GER/US); MTU Friedrichshafen (GER)
Compressors: GE Oil & Gas (US), Siemens PGI (GER), Dresser-Rand (US)

What standards are used to prepare the MAN consolidated financial statements?: The present consolidated financial statements of MAN AG for the fiscal year ended December 31, 2006, conform with the International Financial Reporting Standards (IFRS, which includes the International Accounting Standards, or IAS) of the International Accounting Standards Board (IASB), London, UK. Moreover, all such Interpretations of the International Financial Reporting Interpretations Committee (IFRIC) as require application in fiscal 2006 have been duly taken into account. All the Standards applied have also been adopted by the Commission of the European Union (EU).

What market positions do MAN companies have?: In past years, MAN companies have continually expanded their market share in the relevant markets. For us, "relevant markets" means the entire globe. The only exception to this is the commercial vehicle market, in which we are regionally oriented (USA, Europe, Asia).

We are…

No. 1 in two-stroke diesel engines

No. 2 in four-stroke diesel engines and compressors

No. 3 in trucks over 6 t (Europe) as well as scheduled buses and coaches (Europe)

How many employees does MAN have?: On 3/31/2008, the MAN Group had 56,196 employees, 57% in Germany and 43% abroad.

To achieve these objectives, we have introduced guiding principles

Every area must be able to improve its performance in the Group and measure itself against the strongest competition in its respective market
Losses will no longer be tolerated and cross-subsidization eliminated

We have developed a new leadership concept, "Industrial Governance", to help us efficiently implement our goals.

This concept consists of:

Strategic leadership of the Group by the Management Board, supported by MAN’s Corporate Center
Strengthening operative responsibility of the decentral areas in the context of common goals
Cooperation between the corporate center and the areas to develop strategies for leadership supply and controlling
Use of common methods and Shared Services

The following four core values are the fundament of the MAN brand:

Reliability: we fulfill expectations and keep our promises
Innovation: we create new solutions through fresh, vigorous thinking
Dynamic strength: we recognize potential, are proactive and solution-oriented
Openness: we work closely with each other and exchange new ideas and information

The MAN Group's sales are distributed regionally as follows:

When and where will the next annual general meeting be held?: The annual general meeting on MAN SE's fiscal year 2009 will be held on April 1, 2010 at the ICM - International Congress Center in Munich.