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Now UBS Dumps on MAN

Following its downgrade of PACCAR last week, UBS has turned its ire to MAN.


 


According to this report, UBS regards the market as being over-optimistic about 2009 European truck sales. That's one way of putting it - we reckon that 2009 will be a disaster area.

And it will be interesting to see just what public reaction is to the Euro V D20 / D26 engine when MAN finally makes it available to the paying customer. We're rather looking forward to seeing some fuel returns. Then of course, there's the vexed issue of Force Motors. 

Suggesting that Munich might not be such a fun place to be at present.

 

 

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