page_title: MAN SE
section_title: Postwar period
hierarchical_section_title: MAN SE / History / Postwar period
caption_attribution_description: English: Old MAN trucks in Hörum harbour, Sylt, Germany
context_page_description: MAN SE, formerly MAN AG, is based in Munich, Germany. Its primary output is commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin America divisions, and participation in the manufacturer Sinotruk.
  MAN SE is majority owned by Traton SE, the heavy commercial vehicle subsidiary of automaker Volkswagen AG.
context_section_description: After the end of World War II the allies split up the GHH group. A vertical integration in which mining, iron and steel production are consolidated was not allowed any more. The "Gutehoffnungshütte", together with the MAN firms of Southern Germany, therefore concentrated on engineering, plant construction, commercial vehicles and printing machines.
  This process has been supported by strategic acquisitions and dispositions; one of the most important was the take-over of the truck and bus division of the commercial vehicles manufacturer Büssing (1971), the disposition of the shares of the shipyard Deutsche Werft (1966/67) and the acquisition of the printing machine producer Faber&Schleicher as well as its fusion to MAN Roland Druckmaschinen AG (1979).
  In 1982/83 the "Gutehoffnungshütte" plunged into a deep corporate crisis. The enterprise suffered from the late effects of the second oil crisis and a bad economic situation. This was particularly displayed by the dramatic downturn of the commercial vehicles sales figures. Besides external factors, the chief course of these problems was the obsolete company structure with extensive cross-subsidisation between the divisions. At this time the former director of GHH presented a reclamation concept that envisioned a complete consolidation of the subsidiary with the holding company. This concept encountered great resistance with GHH's major shareholders Allianz AG and Commerzbank. The media speculated about a "Bavarian conspiracy" against the Management in Oberhausen.
  In 1986, with Klaus Götte, the group got a new company structure and became a contractual group with economically independent division at several locations. This was also attended by the transferring of the MAN headquarters from Oberhausen to Munich and by the new company name MAN AG.
  Rudolf Rupprecht repelled a takeover attempt in 2003. Furthermore, the disposition of the 50-percent share of the SMS Group and the strengthening of the turbomachinery division through the takeover of Sulzer Turbo induced MAN's focusing process.
  In 2006, MAN entered into an agreement with Indian company Force Motors to establish a 50:50 joint venture for the production of trucks and buses in India for the domestic and export markets. The joint-venture established a truck manufacturing plant in Pithampur, Madhya Pradesh and launched its first truck for the Indian market in 2007. At the end of 2011, MAN bought out the stake of its Indian partner, and its operations in India became a wholly owned subsidiary of MAN in early 2012.
  In September 2006, MAN produced an offer for the take-over of the Swedish competitor Scania AB. The European Commission approved the takeover on 14 December. Nevertheless, MAN voluntarily withdrew the offer on 23 January 2007, after Scania's major shareholders Volkswagen AG and the influential Wallenberg family had declined the offer. On 24 December 2008, MAN published to possess further stock options of Scania and to therefore maintain more than 20 percent of the voting rights. As of October 2019, MAN SE still owns 17.37% of the voting rights in Scania, with the remainder of Scania being directly owned by Volkswagen Group's heavy commercial vehicle subsidiary, TRATON SE. 
  In 2008, the MAN group celebrated its 250th anniversary with numerous events, like exhibitions in several museums, a vintage car tour with the motto "MAN on the road again" and a great anniversary gala. At the beginning of December 2008 MAN took over Volkswagen's Brazilian truck and bus operation, Volkswagen Caminhões e Ônibus, putting the division under the control of MAN Latin America. Therewith, MAN now is market leader in Brazil, with a market share of 30 percent.
  Since May 2009, the group is incorporated as European corporation MAN SE. In July 2009 MAN published to merge the two divisions, MAN Turbo and MAN Diesel, into one business area called Power Engineering. In addition the group contracted a strategic partnership with the Chinese truck manufacturer Sinotruk, purchasing 25% + 1 share of the company.
  In the course of this focusing proces
caption: MAN truck 11-136
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