After crew changes during MAN SE, a vital partner in a Chinese blurb vehicles business Sinotruk (Hong Kong) Limited (Sinotruk) is now also changing a setup of a Board of Directors as of Oct 1, 2015. In this context, Andreas Renschler, Chief Executive Officer of Volkswagen Truck Bus GmbH, and Joachim Drees, Chief Executive Officer of MAN Truck Bus AG, will be a new non-executive directors, replacing a former MAN managers Dr. Georg Pachta-Reyhofen and Jörg Astalosch, who have left a Board. Anders Nielsen, Director during Volkswagen Truck Bus GmbH obliged for business development, is a member of Sinotruk’s Board of Directors.
“The Chinese marketplace is a good event and plea for us. In a prolonged term, we see a lot of intensity for blurb vehicles there. We wish to precedence a existent intensity together with a partner Sinotruk” says Andreas Renschler.
In 2009, MAN SE acquired an seductiveness in 25% and one share in a listed Chinese lorry manufacturer Sinotruk to serve boost a participation in a Chinese market. At a core of this partnership is a multiple of MAN’s on-going record and imagination with Sinotruk’s prolongation platforms, internal expertise, and endless sales network.
The Volkswagen Truck Bus GmbH, headquartered in Braunschweig, has been restructuring a business of Volkswagen AG’s medium- and heavy-duty vehicles given summer 2015. The brands MAN, Scania, and Volkswagen Caminhões e Ônibus are brought together some-more closely in a holding; this allows a some-more focused government of a lorry and train business and will boost a tellurian presence.
The primogenitor association of Sinotruk, China National Heavy Duty Truck Group Company Limited (CNHTC), built a initial heavy-duty lorry in China in 1960 and already protected a lorry record of a MAN auxiliary Steyr Nutzfahrzeuge in Austria (today MAN Nutzfahrzeuge Österreich AG) in 1984. Today, Sinotruk is one of a heading manufacturers of heavy-duty trucks in China.