Industry / Jordan
MAN Looks To Economic Strength For Market Leadership Goals
November 2011 | Company News AlertGerman truck maker MAN has returned to Jordan's new vehicle market, after three years of selling used vehicles through local distributor Integrated Automotive (IA). The first shipment of 12 trucks arrived in Jordan in October and will again be sold through IA. According to a company press release, it is Jordan's fast-growing economy which has prompted the company's confidence. This is somewhat at odds with BMI's forecast for real GDP growth of just 2.8%, after a drop from 5.5% in 2009 to 2.3% in 2010. However, MAN executives say the move is a long-term strategy and there are reasons to
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