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Free buses to go

Councillors from South Yorkshire ITA (SYITA) have agreed to discontinue free bus services in Sheffield and Rotherham from the end of April. The FreeBee services are publically funded. The councillors are also to stop the express 638 bus service in Doncaster, which runs weekday peak times between Doncaster’s North and South Park and Ride sites […]

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 […]