NJ TRANSIT Approves 183 Commuter Coach Order from MCI on Existing Six-Year Contract
(TSX:NFI) Motor Coach Industries (MCI), a U.S. subsidiary of NFI Group Inc., ("NFI"), one of the world's largest independent global bus manufacturers, announced today that NJ TRANSIT issued a purchase order for year four of its six-year contract to manufacture and deliver 183 Commuter Coaches.
NFI Announces Election of Directors, Including New Member, Kathy Winter, VP & GM of Automated Driving Solutions Division of Intel Corporation
(TSX:NFI) The Board of Directors (the "Board") of NFI Group Inc. ("NFI" or the "Company"), the leading bus and motor coach manufacturer and parts distributor in North America, is pleased to announce that Katherine (Kathy) Winter, the Vice President & General Manager, Automated Driving Solutions Division of Intel Corporation (Intel's global organization which delivers comprehensive platforms for Advanced Driver Assist Systems and Autonomous Driving solutions), was elected as a Director of the NFI Board at the Company's annual general meeting of shareholders (the "AGM") held in Toronto yesterday.
NFI Group Announces First Quarter 2019 Results
Summary of 2019 Q1 results compared to 2018 Q1:
NFI Group Announces First Quarter 2019 Deliveries, Orders and Backlog
WINNIPEG, April 15, 2019 /CNW/ - (TSX: NFI) NFI Group Inc. ("NFI" or "the Company"), the leading bus and motor coach manufacturer and parts distributor in North America, today announced its deliveries, order activity and backlog update for the 13-week period ended March 31, 2019 ("Q1 2019"). Year-over-year comparisons reported in this release compare Q1 2019 to the 13-week period ended April 1, 2018 ("Q1 2018") and previous quarter comparisons compare Q1 2019 to the 13-week period ended December 30, 2018 ("Q4 2018").
New Flyer Infrastructure Solutions(TM) completes New York's first interoperable, on-route charger solution for transit buses
(TSX: NFI) New Flyer of America Inc. ("New Flyer"), a subsidiary of NFI Group Inc. ("NFI"), the largest bus manufacturer in North America, today announced that New Flyer Infrastructure SolutionsTM has successfully deployed two rapid, on-route chargers along New York City Transit Authority's ("NYCT") M42 route. This marks completion of the first on-route charging solution in the United States that uses a globally recognized system to allow vehicle and charging equipment interoperability to common interfaces.
Phoenix's Valley Metro orders 24 additional CNG buses from New Flyer
ST. CLOUD, MN, April 11, 2018 /CNW/ - (TSX: NFI) New Flyer of America Inc. ("New Flyer"), a subsidiary of NFI Group Inc. ("NFI"), the leading bus manufacturer in North America, today announced that the Valley Metro Regional Public Transportation Authority ("RPTA" or "Valley Metro") has exercised options for 24 additional Xcelsior® forty-foot, compressed natural gas (CNG) heavy-duty transit buses.
New York City adds to its zero-emission fleet with an award to New Flyer for 15 low floor 60-foot Xcelsior CHARGE(TM) battery-electric transit buses
(TSX: NFI) New Flyer of America Inc. ("New Flyer"), a U.S. subsidiary of NFI Group Inc. ("NFI"), the largest bus and coach manufacturer in North America, today announced that New York City Transit ("NYCT"), part of the Metropolitan Transportation Authority ("MTA"), has awarded New Flyer with a contract for 15 low floor sixty-foot Xcelsior CHARGETM battery-electric, zero-emission, heavy-duty transit buses (or a total of 30 equivalent units or "EUs").
NFI Group Inc. Announces First Quarter 2019 Dividend
(TSX:NFI) NFI Group Inc. ("NFI") today declared a quarterly dividend for the period January 1, 2019 to March 31, 2019 on the common shares of NFI (the "Shares") in the amount of C$0.425 per Share to holders of record at the close of business on March 29, 2019. The dividend will be payable on April 15, 2019. As announced on March 13, 2019, the board of directors of NFI approved a 13.3% increase in the annual dividend rate from C$1.50 to C$1.70 per Share.
New Flyer unveils Xcelsior CHARGE H2 bus becoming the first to offer two fuel cell-electric models eligible for federal funding
ST. CLOUD, MN, March 12, 2019 /CNW/ - (TSX: NFI) New Flyer of America Inc. and New Flyer Industries Canada ULC (together "New Flyer"), subsidiaries of NFI Group Inc. ("NFI"), the largest bus manufacturer in North America, today unveiled the Xcelsior CHARGE H2 - its fuel cell-electric heavy-duty transit bus - and announced that both the forty-foot and sixty-foot model have successfully completed the Federal Transit Administration ("FTA") Model Bus Testing Program at Altoona, Pennsylvania ("Altoona Testing").