Brand value: 1'650 Mio. EUR
Brand value change compared to last year: −4%
Ranking change compared to last year: +1
MAN Group is one of Europe's leading commercial vehicle, engine and mechanical engineering companies with two main business areas: Commercial Vehicles and Power Engineering. Acquired by the Volkswagen Group in 2011, MAN is part of a strong consortium and employs over 55,000 people worldwide. The brand managed to climb one place in the ranking to 19th place despite a small decline in brand value. Despite the many challenges involved in its business, including far lower orders in Latin America, slow growth in the global economy and the impact of the conflict in Ukraine on European business, MAN’s leadership is optimistic about recovery on the European commercial vehicle market. In addition to sustainable value creation and a commitment to customer needs, the company is focused on maintaining its lead in technology and innovation. In 2015, the engineers at MAN’s Predevelopment Division and Munich Composites received the JEC Innovation Award for their collaborative development of light carbon-fiber spring carriers for buses.