CMC managing director, Bill Lay addresses journalists on September 14, 2011 at the Hilton hotel. GCMC Motors Group has unveiled German manufactured MAN brand trucks and buses in a bid to up its market share. File
What you need to know:
MAN, a leading German motor vehicle company manufactures light, medium and heavy commercial vehicles and engines.
CMC’s introduction of a new Ford Ranger pick-up is also expected to raise the stakes in the pick-up segment –the fastest growing market dominated by GMEA and Toyota.
The introduction of new brands and models comes as sales in the new-car sector dropped seven per cent to 2,727 units in the first quarter, with total sales this year expected to come under pressure from the high interest rates and the looming general elections.
Rivalry in the commercial vehicle market is also set to intensify after Toyota’s announcement that it is re-introducing the Hino bus and truck brands by early next year.
CMC Motors Group has unveiled German manufactured MAN brand trucks and buses in a bid to up its market share.
MAN, a leading German motor vehicle company manufactures light, medium and heavy commercial vehicles and engines.
“We are delighted to have partnered with MAN...the introduction of the MAN brand is a show of commitment to our customers in our duty to provide reliable and cost effective transport solutions,” said Mr. William Lay, the Managing Director, CMC Group Holdings.
The 'two-axle solo buses and three-axle articulated buses' are utilized for commuter transport, as well as in long distance luxury touring.
The MAN trucks come with features like the immobilizer, on board instant data recording, electronic brake system and seats adjustable to the body weight.
CMC’s introduction of a new Ford Ranger pick-up is also expected to raise the stakes in the pick-up segment –the fastest growing market dominated by GMEA and Toyota.
The introduction of new brands and models comes as sales in the new-car sector dropped seven per cent to 2,727 units in the first quarter, with total sales this year expected to come under pressure from the high interest rates and the looming general elections.
Rivalry in the commercial vehicle market is also set to intensify after Toyota’s announcement that it is re-introducing the Hino bus and truck brands by early next year.
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