Provides Coliseum flexibility to increase its ownership up to 25% of NFI’s outstanding shares Reflects long-term support and confidence of NFI’s largest shareholder WINNIPEG. Manitoba, Dec. 19, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leader in bus and coach mobility solutions, today announced that its Board of Directors (the “Board”) has approved an amendment to its existing Investment Agreement entered into in May 2023 (as amended, the “Amen ...

Paul Soubry to retire after 16 years Incoming President and CEO, John Sapp, brings decades of industrial and aerospace experience that will drive the next phase of NFI’s operational execution and growth WINNIPEG, Manitoba, Dec. 17, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. ("NFI" or the "Company"), a leader in bus and coach mobility solutions, today announced that its Board of Directors (the “Board”) has appointed John Sapp to the role of President and Chief Executive Offi ...

Cooperative resolution expands NFI’s zero-emission bus capabilities and strengthens financial capacity to perform battery recall campaignWINNIPEG, Manitoba, Dec. 16, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. ("NFI" or the "Company"), a leader in propulsion-agnostic bus and coach mobility solutions, today announced that it has signed a master settlement agreement (“MSA” or the “Settlement”) with XALT Energy, LLC and its subsidiaries (collectively “XALT”) regarding costs rela ...

近日，四川川贸通物流有限公司正式发布新能源公交车采购项目公开招标公告，计划采购5 米、6米、7米、8米、8.5米、10.5米共6种车型的新能源公交车，项目总预算达8000万 元。 新能源公交车采购项目招标公告 (招标编号: /) 项目所在地区:四川省,成都市 一、招标条件 本新能源公交车采购项目已由项目审批/核准/备案机关批准,项目资金未源为其他资金 招标人接相关规定筹集,招标人为四川川贸遗物流有限公司。本项目已具备招标条件,现招 标方式为公开招标。 二、项目概况和招标范围 规模:采购6种车型新能源公交车,分别为:5米级新能源公交车、6米级新能源公交 车、7米级新能源公交车、8米级新能源公交车、8.5米级新能源公交车、10.6米级新能源 公交车,具体详见第五章招标项目要求 范围:本招标项目划分为1个标段,本次招标为其中的: (001)新能源公交车采购项目: 本项目 不允许联合体投标。 四、招标文件的获取 获取时间:从2025年11月26日 09时 00分到2025年12月02日 17时 00分 获取方式:4.1 凡有意参加投标者,请于 2025年11月 26日至 2025年12月 02日 (法 定公休日、法定 ...

Financial Data and Key Metrics Changes - Blue Bird achieved record sales and adjusted EBITDA for Fiscal 2025, with adjusted EBITDA of $221 million, representing 15% of revenue, which is $38 million higher than the previous year [6][18][33] - Total revenue for Fiscal 2025 reached $1.48 billion, an increase of $133 million compared to the prior year [6][18] - The company sold 9,409 buses in 2025, with an average bus revenue per unit of $146,000, up $8,000 from the previous year [6][17] Business Line Data and Key Metrics Changes - Bus net revenue for the year was $1.377 billion, an increase of $134 million or 11% year-over-year [12][18] - Electric vehicle (EV) sales totaled 901 units, a 30% increase from the previous year, representing 9.6% of total volume [6][17] - Parts revenue remained flat at $103 million, maintaining strong demand due to an aging fleet [17][18] Market Data and Key Metrics Changes - The backlog at the end of Q4 was 3,100 units, including 680 EVs, but has since increased to nearly 4,000 units, with over 850 EVs [7][14] - Year-over-year selling prices for buses increased by nearly $8,300 per unit, reflecting pricing actions and tariff recovery [8][12] - The company noted that the fleet is aging, leading to a heavy replacement cycle and pent-up demand in the market [8][22] Company Strategy and Development Direction - Blue Bird is focusing on long-term manufacturing strategies, including automation and production efficiency improvements [4][5] - The company plans to invest in projects with clear returns and is optimistic about the EV market, particularly in the school bus sector [5][9] - The strategy includes maintaining pricing discipline and managing tariff impacts to achieve margin-neutral outcomes [6][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating tariff volatility and highlighted a strong outlook for EVs, supported by state mandates and funding programs [9][22] - The company anticipates a significant increase in EV sales in the second half of Fiscal 2026, similar to the previous year [22][23] - Management remains cautious about the operating environment due to unpredictable tariffs and material costs but maintains a positive long-term outlook [21][22] Other Important Information - Blue Bird ended the year with $229 million in cash and a record liquidity of $371 million [20][21] - The company repurchased $40 million worth of shares during the year and plans to continue returning value to shareholders [20][28] - The upcoming commercial chassis products are expected to contribute to growth, with positive early feedback from customers [40][41] Q&A Session Summary Question: Importance of federal EV bus program for Fiscal 2026 guidance - Management indicated that the Fiscal 2026 guidance does not rely on rounds four and five of the federal EV program, with a strong backlog supporting the outlook [35][36] Question: Order season and demand outlook - Management acknowledged a conservative stance until post-holiday orders are received, but noted strong fundamentals supporting demand [38][39] Question: Commercial chassis project details - The commercial chassis prototypes are undergoing testing, with positive initial reactions from customers [40][41] Question: EV backlog and state incentive programs - Management confirmed an increase in EV backlog and noted that state-level funding programs are becoming more significant drivers of demand [48][49] Question: Competitive dynamics in the school bus market - Management stated it is too early to determine any significant competitive shifts in the school bus market due to tariffs affecting other segments [53][54]

Core Points - The article discusses the public tender announcement for the procurement of city buses in Panzhihua City, with a total budget of 92.5 million yuan [1][2] - The procurement project is divided into three lots, aiming to purchase a total of 120 city buses [1][2] Group 1: Project Overview - The total budget for the city bus procurement project is 92.5 million yuan [1][2] - The project is divided into three lots: - Lot 1: 50 units of 8-meter level buses - Lot 2: 20 units of 9-meter level buses - Lot 3: 50 units of 10-meter level buses [1][2][3] Group 2: Tender Conditions - The tender is open to companies with valid business licenses and independent legal status [2][3] - Bidders must have bus production qualifications and their products must meet national standards, including CCC certification [2][3] - Bidders can participate in all lots but can only submit one model per lot [3] Group 3: Tender Process - The tender documents can be obtained from November 20 to November 25, 2025, with a fee of 200 yuan [3] - The deadline for submitting tender documents is November 28, 2025, with the opening of bids scheduled for the same day [3]

WINNIPEG, Manitoba, Nov. 13, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) Today, NFI Group Inc.’s (NFI) subsidiary, New Flyer Industries Canada ULC (New Flyer), announced an order from OC Transpo (City of Ottawa) for 50 New Flyer Xcelsior® 60-foot clean-diesel buses. The order, made under a Metrolinx contract, will replace aging buses currently in service and support more reliable, robust transit for riders across the capital region. The contract is valued at approximately $75 million CAD a ...

Core Points - NFI Group Inc. has been awarded the Employer of the Year - Large Business by the Alabama Governor's Committee on Employment of People with Disabilities, recognizing its commitment to accessibility and support for employees with disabilities [1][4] - The award highlights New Flyer's efforts in promoting disability employment and building a culture of diversity and inclusion within the company [3][4] Company Overview - NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions, with a focus on sustainable transportation through low- and zero-emission buses and coaches [5][6] - The company operates under various brands, including New Flyer, MCI, Alexander Dennis Limited, ARBOC, and NFI Parts, and supports an installed base of over 100,000 buses and coaches globally [6][8] - New Flyer is recognized as North America's heavy-duty transit bus leader, offering advanced product lines and infrastructure development services [8]

Core Points - NFI Group Inc. has been awarded the Employer of the Year – Large Business by the Alabama Governor's Committee on Employment of People with Disabilities, recognizing its commitment to accessibility and support for employees with disabilities [2][5] - The award highlights New Flyer's efforts in promoting disability employment and building a culture of diversity and inclusion within the company [4][5] Company Overview - NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions, with a focus on sustainable transportation through low- and zero-emission buses and coaches [6][7] - The company operates globally with over 9,000 team members across ten countries and supports an installed base of over 100,000 buses and coaches [8] - New Flyer, a subsidiary of NFI, is North America's heavy-duty transit bus leader, offering advanced product lines and infrastructure development for charging and mobility solutions [9]

Core Points - NFI Group Inc. has been awarded the Employer of the Year – Large Business by the Alabama Governor's Committee on Employment of People with Disabilities, recognizing its commitment to accessibility and support for employees with disabilities [2][5] - New Flyer of America Inc., a subsidiary of NFI, was selected for its partnerships with community organizations and efforts to promote disability employment [4][5] Company Overview - NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions, offering a wide range of sustainable drive systems including zero-emission electric, natural gas, electric hybrid, and clean diesel [6][8] - The company operates with over 9,000 team members across ten countries and supports an installed base of over 100,000 buses and coaches globally [8] - New Flyer is North America's heavy-duty transit bus leader, actively supporting over 35,000 heavy-duty transit buses, with 8,600 powered by electric motors and battery propulsion, and 1,900 being zero-emission [9]