MAN bus deliveries rise 49% in 2025 as group announces €300 million service network investment
MAN Truck & Bus delivered 7,002 buses in 2025, up 49% from 4,710 units in 2024, contributing to stable group results with €14.1 billion in revenue compared with €13.65 billion the previous year and an adjusted operating profit of €904 million (2024: €919 million), while the company announced a €300 million investment in its European […]
MAN Truck & Bus delivered 7,002 buses in 2025, up 49% from 4,710 units in 2024, contributing to stable group results with €14.1 billion in revenue compared with €13.65 billion the previous year and an adjusted operating profit of €904 million (2024: €919 million), while the company announced a €300 million investment in its European service network. According to the company, this represents the largest investment in its European service infrastructure to date.
The group closed fiscal year 2025 with revenue growth and stable profitability while the bus division posted the strongest expansion among the company’s vehicle segments, as was already clear when three quarters results were released. Total vehicle sales rose to 101,642 units, up 6% year-on-year, while incoming orders increased by 30% to 99,961 units.
This is the third year in a row that we have achieved robust results despite persistently weak truck markets in Europe. It is paying off that, as a full-range supplier, we are able to balance out different developments in our Truck, Bus, Van, and External Engines business units and are constantly expanding our range of services. By reaching a fundamental agreement with our co-determination partners on our “MAN2030+” program, we have created an excellent basis for continuing the company’s success in the medium and long term
Alexander Vlaskamp, CEO, MAN Truck & Bus
Bus deliveries increase by 49% in 2025
As mentioned above, the bus segment recorded the most significant growth within MAN’s vehicle portfolio in 2025. Bus deliveries rose to 7,002 units compared with 4,710 units in 2024, corresponding to a year-on-year increase of 49%.
Although the bus segment had the highest growth, the data provided by MAN clarifies its scale within the company. At 7,002 units, it still represents roughly 7% of total vehicle sales, whereas trucks (63,296) and vans (31,344) remain the volume drivers.
This expansion contributed significantly to the overall increase in vehicle sales during the reporting period, alongside continued growth in the van segment. MAN TGE van deliveries reached 31,344 units in 2025, up from 27,672 in the previous year.
Truck deliveries remained broadly stable but slightly lower compared with 2024. MAN delivered 63,296 trucks during the year, compared with 63,655 units in the previous year. The company states that demand in core European truck markets remained stable but at a relatively low level.
Incoming orders for all vehicle categories reached nearly 100,000 units in 2025, rising from 77,108 units in 2024 and resulting in a book-to-bill ratio of 0.98 compared with 0.80 the previous year.
MAN advances electrification: +168% YoY
Electrification also advanced across the portfolio. Sales of fully electric trucks and buses increased by 168% year-on-year, reaching 1,970 units. Within this total, electric city buses accounted for more than 1,300 vehicles delivered during the year, representing a 118% increase compared with 2024.
In the truck segment, more than 620 electric trucks were sold following the start of series production of the MAN eTruck during summer 2025.
We have achieved very stable profitability and excellent cash flow results for three years in a row. The fact that we have succeeded in doing so in a persistently weak market environment demonstrates the sustained success of MAN’s realignment and is also a result of our intensive work on the cost and cash side. In addition, with MAN2030+, we have a clear plan for the future, which we will now implement swiftly. Our aim is to continue to improve our performance and further strengthen our resilience. For 2026, we expect a slight recovery in demand in the core European truck markets and continued good demand for buses and vans. We anticipate further growth in electromobility, especially if the framework conditions continue to improve
Inka Koljonen, CFO, MAN Truck & Bus
The company plans to extend its electric commercial vehicle portfolio in 2026. A battery-electric distribution truck in the 12-ton segment, the eTGL, is scheduled to enter the range, and another electric vehicle in the weight class up to 16 tons is planned for presentation during the year.
MAN is also preparing the introduction of the MAN eCoach, a battery-electric coach unveiled at Busworld Europe 2025. Production preparations are underway and the company expects the model to enter production at the end of 2026.
Alongside its electric portfolio, MAN continues development of combustion-engine vehicles. The manufacturer plans to launch a new heavy-duty tractor unit designed for trailer weights of up to 250 tons, with production in Munich and finalization in Wittlich.
€300 million program to expand European service network
Alongside its vehicle portfolio developments, MAN Truck & Bus announced a €300 million investment program aimed at expanding and modernizing its European service network by 2030.
The investment will be used to establish new service bases, modernize existing locations and strengthen regional coverage in key European markets. The company aims to shorten distances between customers and workshops and improve service quality.
MAN currently operates around 1,200 company-owned and partner service locations across Europe. More than 2,000 service centers and cooperation partners are connected through the MAN Mobile24 breakdown and mobility service.
In Germany alone, MAN reports more than 340 manufacturer-owned and partner service locations.
The company states that the network expansion is intended to ensure that nearly 80% of customers can reach a service location within 30 minutes of travel time. Priority markets include Germany, Austria, Switzerland, France, the United Kingdom, Italy, Spain, Poland and Turkey. According to MAN, the company plans to open an average of seven new branches per year in these markets.
Electrification and digitalization
Part of the investment program focuses on preparing workshops and service locations for electric mobility. MAN states that by 2026 two-thirds of its European bases are expected to be equipped for servicing electric vehicles.
Around one third of the €300 million investment will be allocated to electromobility and digitalization measures. These include training programs for employees, the expansion of battery repair capabilities and the deployment of charging infrastructure.
Approximately 8,000 employees across Europe are undergoing training programs related to electric mobility technologies. Battery repair centers are already operating in Germany, Spain, Belgium, Austria and Italy, with additional markets scheduled to be connected to the network.
Charging infrastructure is also being developed through cooperation with energy company E.ON. The partnership includes the installation of up to 400 publicly accessible charging points for electric trucks at up to 170 service locations across Europe.
“A strong brand needs a strong service network. We have that – and we are now making it even stronger. Alongside our sales team, our workshops are our public face for our customers. Our strong network is a competitive advantage. We want to expand it further. That is why we are investing heavily here over the next few years, because the combination of product, service, and good quality will become even more important in the coming years, especially against the backdrop of new competitors. We want to set ourselves apart even more clearly and establish ourselves as a sustainable player,” says Friedrich Baumann, Executive Board Member for Sales and Customer Solutions at MAN. “The commercial vehicle business is significantly more complex and service-intensive than the passenger car business. The daily availability of vehicles is essential for our customers’ businesses. To be successful, we need to be very close to our customers and offer top-notch service,” Baumann continues.
