Welcome to the Bus Industry News

YANTAI BUS MAKER PLANS TO BUILD PLANT IN RUSSIA

Chinese suburban buses manufacturer Yantai Shuchi Ltd plans to build production facility in the Krasnodar region of Russia, a Russian news agency reported recently, citing sources from local industry department.

VEOLIA AND KEOLIS INTERESTED IN TRANSDEV

French utility group Veolia Environnement, has reported being interested in combining its transport arm, Veolia Transport, with French company Transdev, a subsidiary of the Caisse de Depots et Consignations Group (CDC); the Paris public transport company RATP is holding 25 percent of the Transdev shares, 7 percent are held by the Italian bank Sanpaolo IMI.

FIRST BARBI-BODIED IRISBUS FOR 23 YEARS

Italian busbody manufacturer Barbi recently released a new coach body, called Gallileo af the founder of the company, which is not only available on Volvo chassis, the basis mainly used by Barbi in the past 23 years, but also on an Irisbus Eurorider chassis.

NATEX SELLS LONDON BUS BUSINESS

National Express is pulling out of London for the second time. She has reached an agreement to sell its Travel London business to NedRailways, a subsidiary of NS Dutch Railways. The agreement is subject to the consent of Transport for London.

DAIMLER RESTRUCTURES MITSUBISHI FUSO

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers and an integral part of Daimler Trucks, has  announced a major realignment of its operations to address structural changes in the company’s business and markets. Japan remains MFTBC’s most important market, but the Japanese commercial vehicle market is experiencing a long-term downward trend with growth potential shifting to developing economies.