MAN Truck & Bus Sees Significant Supply Gaps, Production Disruption Due to Ukraine War
March 30 2022 - 7:56AM
Dow Jones News
By Kim Richters
MAN Truck & Bus SE said Wednesday that it is experiencing
"massive supply gaps for truck wiring harnesses" amid the war in
Ukraine, leading to production disruptions at the company's plants
in Germany and Poland.
The commercial-vehicles maker, which is owned by Traton SE, said
truck plants in Munich and Krakow experienced standstills and sites
in Nuremberg, Salzgitter and Wittlich had significant production
downtimes since March 14.
"Suppliers of truck wiring harnesses cannot produce at their
Ukrainian sites or can only produce to a very limited extent. This
threatens a loss of truck production for several weeks and a
massive reduction in production in the second quarter," said the
company.
Its bus production isn't significantly affected, said MAN Truck
& Bus.
The company has been working on creating other supply paths for
truck wiring harnesses but this will take several months, it said.
It will halt non-business-critical spending and freeze hiring until
further notice, while up to 11,000 employees might have to join the
short-time work program.
"Customers are given the opportunity to cancel orders due to
significantly longer delivery times," it said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
March 30, 2022 07:41 ET (11:41 GMT)
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