MAN Truck & Bus UK has seen growth of 74% in figures for the first quarter, with its market share increasing by 48%. Based on results from the first quarter of 2016, MAN Truck & Bus UK said it has potential for a strong year ahead.
Simon Elliott, Managing Director, said that the firm is moving in the right direction, and systems are in place for it to maximise all opportunities in 2016.
In April last year, just 100 days after starting in the role, Simon outlined his vision for UK business – and now he is confident that his plans are reaping reward. Reviewing the first quarter, he said: “The figures for the first quarter are first class. Generally, the market has seen growth of 17%, but MAN can report 74% growth in the same period. Our market share is also up 48%, at 10.4% compared to just over 7% this time last year. This is evidence of a good start within our aims for the next five years.”
Ian Mitchell, UK Sales Director, added: “You only need to look at the figures in our order-book for the first quarter to see the progress that has been made over the last 12 months.
“In the first three months of 2016 we took orders for 1,800 units, which is 34% up on the same period last year and our handover rate is currently 55% up. This buoyancy extends across all products, with our ‘Top Used’ sales up by 45%, which is evidence of the range of younger stock available through the programme.
“It has been a great start to the year, but it is not an accident. It is through focus and determination to drive the business forward that we are achieving these great results.”
The company has said that over the past year it positioned itself as a serious player in customer service – investing heavily in a new initiative that puts customers first.
Simon added: “We are more than 100% committed to improving the customer experience. We have worked extremely hard with customers, dealers and staff to identify where improvements can be made, and have made them to ensure our customer service will be recognised as an industry benchmark.”
