The Volvo Group saw an increase in sales for all regions in the fourth quarter of 2011. Profitability was improved and cash flow was described as strong overall. During the fourth quarter, the European bus […]
Combined turnover up 17% but bus & coach market continues to be tough as public sector cuts bite across Europe Considering the economic circumstances, 2011 was a good year for the VDL Groep of Eindhoven. […]
Groupe Eurotunnel SA is on track for steady growth – according to its annual result for 2011. Jacques Gounon, chairman and CEO of Groupe Eurotunnel SA, stated: “In 2011, the Eurotunnel Group made a clear […]
National Express recorded record profit in 2011, spurred by strong performances from its UK Coach, UK Bus and North America divisions. The operator’s profit before tax and amortisation was £180.2m, up from £97.3m in 2010. […]
Manufacturing group announces second-best year of all time for vehicle sales Daimler Buses achieved its secondbest sales result ever in 2011, selling a total of 39,740 vehicles, 2% more than in 2010. This was achieved […]
Growth across all sectors as group moves away from fuel hedging Go-Ahead Group has released its half-year results for the six months ending December 31, 2011. Group revenue was up 5.9%, while underlying operating profit […]
Stagecoach has walked away from talks with FirstGroup about taking over London bus assets which have reportedly been on sale for months, according to The Scotsman. It is understood the two groups could not agree […]
President admits outlook for 2012 is “difficult to assess” due to Eurozone economic policy problems Scania president Leif Ostling has announced the firm’s year end financial report, which shows a record number of deliveries overall […]
FirstGroup have warned that a north-south divide is opening up in its UK bus business, with growth slowing in Scotland and northern England. The Aberdeen-based operator blamed the weak economy and lower consumer spending in […]
UK Bus division should see margins return to above the industry average National Express Group PLC (NX) has released a pre-close trading update for the year ending December 31, 2011, with revenue and profit growth […]
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