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1337Delta764
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Could New Flyer buy a school bus manufacturer?

Mon Mar 12, 2018 9:13 pm

In recent years, New Flyer has made a few acquisitions, including transit bus manufacturer North American Bus Industries (NABI), motorcoach manufacturer Motor Coach Industries (MCI), and low floor cutaway and medium-duty bus manufacturer ARBOC Specialty Vehicles.

Does anyone think that New Flyer might set its sights on a school bus manufacturer? Would Daimler or Navistar be willing to sell their Thomas or IC Bus subsidiaries? What about Blue Bird? I would probably say Blue Bird is the most likely to sell.
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kellyon
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Re: Could New Flyer buy a school bus manufacturer?

Wed Mar 14, 2018 7:45 am

sounds interesting. I checked the updated info about New Flyer at datapo, it's the largest database of companies, where daily collect and process millions of records about companies, and I think it is likely that there has been some under-reporting on this question. They still have a very strong balance sheet so thier ability to continue to grow by making targeted and strategic acquisitions is absolutely still there. For context, the average selling price of a school bus is somewhere around $90,000. The average sale price of a New Flyer or a motor coach is something like $500,000.
 
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Channex757
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Re: Could New Flyer buy a school bus manufacturer?

Wed Mar 14, 2018 11:23 pm

Don't you think diesel buses have had their day?

Especially with school buses and city transit type buses. These spend long periods sat idling at the kerbside, and actually do pretty restricted mileage. It's similar to the London Black Cab which is now being replaced by the new TX5 plug-in cab with a small Volvo 1.5l gasoline range extender motor. American transit buses and school buses are perfect to be electrified and save on a ton of pollution. The manufacturer is looking to potentially place a number of these vehicles in New York and has built a Yellow Cab prototype

BYD in California are doing well, and there are other manufacturers such as Proterra. There is definitely room for another strong entrant.
 
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1337Delta764
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Re: Could New Flyer buy a school bus manufacturer?

Thu Mar 15, 2018 12:01 am

Channex757 wrote:
Don't you think diesel buses have had their day?

Especially with school buses and city transit type buses. These spend long periods sat idling at the kerbside, and actually do pretty restricted mileage. It's similar to the London Black Cab which is now being replaced by the new TX5 plug-in cab with a small Volvo 1.5l gasoline range extender motor. American transit buses and school buses are perfect to be electrified and save on a ton of pollution. The manufacturer is looking to potentially place a number of these vehicles in New York and has built a Yellow Cab prototype

BYD in California are doing well, and there are other manufacturers such as Proterra. There is definitely room for another strong entrant.


New Flyer already has an electric bus, the Xcelsior Charge. Also, I'm not sure how long will BYD last in the market given a lot of reliability problems with several transit agencies.
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Redd
Posts: 661
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Re: Could New Flyer buy a school bus manufacturer?

Thu Mar 15, 2018 8:44 am

Channex757 wrote:
Don't you think diesel buses have had their day?

Especially with school buses and city transit type buses. These spend long periods sat idling at the kerbside, and actually do pretty restricted mileage. It's similar to the London Black Cab which is now being replaced by the new TX5 plug-in cab with a small Volvo 1.5l gasoline range extender motor. American transit buses and school buses are perfect to be electrified and save on a ton of pollution. The manufacturer is looking to potentially place a number of these vehicles in New York and has built a Yellow Cab prototype

BYD in California are doing well, and there are other manufacturers such as Proterra. There is definitely room for another strong entrant.



Have to agree, school buses are a perfect candidate for electric drive.
 
jetero
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Re: Could New Flyer buy a school bus manufacturer?

Thu Mar 15, 2018 12:32 pm

kellyon wrote:
sounds interesting. I checked the updated info about New Flyer at datapo, it's the largest database of companies, where daily collect and process millions of records about companies, and I think it is likely that there has been some under-reporting on this question. They still have a very strong balance sheet so thier ability to continue to grow by making targeted and strategic acquisitions is absolutely still there. For context, the average selling price of a school bus is somewhere around $90,000. The average sale price of a New Flyer or a motor coach is something like $500,000.


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