MAN AG has initiated talks with labor representatives over extending shorter working hours into the second half of this year, Euro am Sonntag reported, citing an unidentified company spokesman.

Hours would be reduced in the company’s commercial-vehicles unit due to weak demand, the business magazine said in an advance report released by e-mail today.

*MAN CEO SAYS Q1 PRODUCTION AT COMMERCIAL VEHICLES DOWN 50 PCT
Friday, 3 Apr 2009 06:03am EDT(RTRS)

*MAN CEO SAYS PURCHASE PRICE FOR VW TRUCK PLANT IN BRAZIL IS ABOUT EQUAL TO HALF OF ANNUAL SALES THERE

« »