News

February registrations down

According to statistics from the Society of Motor Manufacturers and Traders (SMMT), bus and coach registrations fell 12.1% to 356 units in February, leading to a rolling year total of 7,642, down 4.5%. SMMT Chief Executive, Mike Hawes, said, ‘On a rolling-year basis, performance has been gradually improving since mid-2013. February registrations were down, primarily […]

Daimler Buses returns to profitability

Daimler Buses finished 2013 as planned, returning to profitability. The Daimler AG division recorded operating profit of €124m/£103.47m after posting an operating loss of €221m/£184.41m in the prior year. Sales rose by 5% to 33,700 units (2012: 32,100), and revenues increased by 4% to €4.1bn/£3.42bn (2012: €3.9bn/£3.25bn). Daimler Buses is looking to significantly increase sales […]