News

New products pressure Volvo profits

Extra costs associated with a flurry of new products ‘put pressure’ on Volvo Group’s profitability in 2013, according to its President and CEO, Olof Persson. In its third quarter results, the Group’s operating income for 2013 was £672.1m/SEK7,138m (2012: £1,701.3m/SEK18,069m). Its income after taxes was £357.7m/SEK3,802m (2012: £1,070.6m/SEK11,378m). The Board of Directors proposes a dividend […]

Centro savings

Under plans to save £7.3m from its coming year’s budget, West Midlands transport authority (Centro) plans to keep free bus travel after 23.00 for older people, the blind and disabled. Centro has also proposed to safeguard free tram and train travel for eligible people and half price bus fares for children. Councillors are to meet […]

CPT seeks evidence

New CPT President, Chris Owens, has written to the organisation’s members reporting on progress being made to make it difficult for community transport operators to ‘encroach’ on its affiliates’ ‘territory’. CPT is now seeking evidence where its members have lost or are loosing business unfairly to a CT operator. It is taking up a case […]

Cookies

This site uses some unobtrusive cookies to store information on your computer, these are in place to ensure that you receive the best possible experience when using the Bus & Coach Buyer website.