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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Man Nutzfahrzeuge y Force Motors aumentan su participación en la India

MAN Nutzfahrzeuge and Force Motors are increasing their participation in the India

26/12/2008

December 26, 2008

Man nutzfahrzeuge AG increased its participation in the 'joint venture' with Force Motors Ltd.: a 30 to 50 percent of the shares. "Increasing our number of actions we are taking more responsibility for a successful future expansion in our activities in the India." "Man pontenciará their sales of trucks of the Cla range in emerging markets such as Asia and Africa" said Anton Weinmann, Chairman of the Board directive of Man Nutzfahrzeuge. "Force Motors is pleased that Man is involved to a greater extent." This increase in the holding company is proof of their trust and our success in the 'joint venture' ", added Abhay Firodia, Chairman and Chief Executive Officer of Force Motors."
Since 2006 the 'joint venture' manufactures heavy-duty trucks of the Man Cla range for the India and for export to countries in Asia and Africa. Nearly 90 per cent of the employed components already come from local suppliers. Products available range from chassis to work tippers to long-haul tractors. The joint venture is now in a position to invest in the expansion of production and its sales network. From now on it will be headed by Man Nutzfahrzeuge and Force Motors in close collaboration.

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MAN Vehículos Industriales (España), S.A.

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