10 April 2024

Curators at Van Hool make a quick restart possible with VDL Groep and GRW/Schmitz Cargobull

The board of 4 curators appointed at Van Hool which was declared bankrupt by the Mechelen Business Court last Monday, April 8, 2024, has decided to make a quick restart of the company possible. The trustees discussed and finally accepted the binding...
van Hool restart
08 April 2024

Van Hool bankrupt, VDL Group, GRW (Schmitz Cargobull) and Dumarey (again) are interested

Belgium Van Hool is declared bankrupt. It is (almost) the end of a few months of negative news from the bus, coach and trailer manufacturer. The reason: the money was gone and the debt has grown up to as reported 400 million euros. Attemps to rescue...
Van Hool
28 March 2024

ZF Achieves Annual Targets and Increases Sales by 6.5 percent

ZF Friedrichshafen AG has achieved its financial targets set for 2023, as it states in a press release. The company increased its sales by 6.5 percent to €46.6 billion (2022: €43.8 billion). Adjusted EBIT amounted to €2.4 billion (2022: €2.0 billion)...
power
28 March 2024

Volvo Launches New Electric Bus Chassis: BZR and the New 8900 Electric

The new chassis is multi purpose with the possibility to install the batteries within the chassis and makes it suitable for coaches. Volvo Buses extends its European electromobility offer to include operations outside and between cities. Build on the...
BZR
14 March 2024

Two electric eCitaro G delivered to Belgian Multiobus

The Belgian operator Multiobus from the city of Tienen recently put its first two Mercedes-Benz eCitaro G into use. These two new electric articulated buses are part of an order by Multiobus for in total ten eCitaro's and are also the first Mercedes...
DAimler Multiobus
14 March 2024

22 Solaris hydrogen buses for Île-de-France Mobilités

Solaris Bus & Coach has been selected to supply 22 Solaris Urbino 12 hydrogen buses to Île-de-France Mobilités. With the support of the CATP (Centrale d’Achat du Transport Public), Île-de-France Mobilités launched a tender for the purchase and...
solaris ile de france
11 March 2024

Van Hool announces strategic realignment: around 1,100 jobs are lost

Belgium bus and coach manufacturer Van Hool is in financial trouble and has presented the outlines of a "Recovery Plan". This plan would result in the departure of about 1,100 employees over a three year period. The company expressed its intention to...
Van Hool
07 March 2024

MAN Truck & Bus sales revenue 2023 increases by 31% to € 14.8 billion

MAN Truck & Bus SE reports over the year 2023 a "significant growth" in unit sales with sales revenue amounted to 14.8 billion euros – an increase of 31% compared to the previous year (€ 11.3 billion). The number of new vehicles sold increased by 37%...
M<AN cijfers
05 March 2024

Indcar increases its revenue by 40% in 2023 (by Viajeros)

The company closed the year with a total of 45 million euros in sales, thanks to the sector's recovery and the growth recorded in foreign markets such as Italy and France. Looking ahead to 2024, INDCAR aims to continue its growth cycle, both in...
Indcar
04 March 2024

ZF Opens First Zero-emission Factory in Klášterec, Czech Republic

At the production site for power electronics in Klášterec in the Czech Republic, ZF is opening its first zero-emission factory after a renovation period of just under a year and a half. The plant, which is part of the Electrified Powertrain...
ZF Chech repub;lic
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