MUNICH (Reuters) -Germany's IG Metall union warned on Tuesday that Traton's truck and bus brand MAN is making strategic decisions that could negatively affect workers at its German plants. "MAN Truck
IG Metall Union Raises Concerns Over MAN's Strategic Decisions in Germany
MUNICH (Reuters) -Germany's IG Metall union warned on Tuesday that Traton's truck and bus brand MAN is making strategic decisions that could negatively affect workers at its German plants.
"MAN Truck & Bus SE intends to make decisions this week that will have serious repercussions for the future of its German locations, particularly for its main plant in Munich," said the union in an invitation to a press conference planned Thursday.
MAN and IG Metall declined to give more details.
Two people familiar with the discussions told Reuters that the decisions involved investments in new models, and possibly also relocating production abroad.
MAN has been hit hard by a weak economy and competition from Scania, its Swedish rival which is also owned by Volkswagen's truck unit Traton.
MAN finance chief Inka Koljonen said last month that no significant market recovery was expected in the medium term.
"Therefore, we are continuing to work resolutely to strengthen our resilience," Koljonen said.
(Reporting by Alexander Huebner, Writing by Miranda MurrayEditing by Madeline Chambers)
