MENU
SEARCHObtains responsibility for sales and service support of Setra S 417 and Setra S 407 motor coach models; the company’s pre-owned coach inventory; the distribution of Setra and related genuine Daimler Buses parts; and the operations of Setra’s service center in Orlando, Fla.
Through the acquisition, MCI obtains responsibility for sales and service support of Setra S 417 and Setra S 407 motor coach models; the company’s pre-owned coach inventory; the distribution of Setra and related genuine Daimler Buses parts; and the operations of Setra’s service center in Orlando, Fla.
Daimler has also assumed a minority ownership position in MCI, forming an engineering, technology and manufacturing alliance as part of the transaction. Final terms of the agreement have not been disclosed.
“This transaction strengthens MCI’s luxury motor coach offerings in the North American marketplace with the Setra brand, while establishing a strategic partnership with the world’s leading manufacturer of motorcoaches,” MCI CEO Rick Heller. “While we expect to integrate our internal operations, the strategic intent is to maintain the integrity of the MCI and Setra brands. This includes maintaining a separate new-coach sales effort. Much of the consolidation will occur in internal and support functions, and we will communicate these changes with our customers as quickly as possible.”
Today’s riders—and the communities you serve—expect more from public transit. While ADA compliance is required, leading transit agencies know that true accessibility also means delivering dignity, efficiency, and a better rider experience. This whitepaper reveals why forward thinking agencies nationwide choose the Low Floor Frontrunner as their first choice for ADA compliant vehicles—setting a new standard with passenger first design, faster boarding, improved safety, and unmatched operational performance.
Read More →
Fred Ferguson, president and CEO of the American Bus Association (ABA), discussed how the industry prepares for emergencies, the growing recognition of motorcoaches as critical infrastructure, and steps operators can take to strengthen disaster readiness.
Read More →
From advanced driver-assist systems to upgraded passenger amenities, leading manufacturers are refining proven coach platforms to meet evolving operator and rider expectations.
Read More →
The Tidewater Current is the first east-to-west Virginia Breeze route, expanding access to key destinations including Virginia Beach, Norfolk, Newport News, Williamsburg, Richmond, Charlottesville, Staunton, and Harrisonburg.
Read More →
In METRO's latest installment, we take a look at the latest news from suppliers including Moovit, CAF, and more.
Read More →
The milestone delivery caps a historic contract as MTA expands its fleet to serve more than 1 million daily riders.
Read More →
Industry leaders see both promise and peril ahead as intercity bus travel rebounds, but unpredictable market forces threaten to reshape the sector.
Read More →
The expansion includes a new collision center with 32 additional parking spaces, along with a significant increase in service capacity.
Read More →
Essential strategies to strengthen your business before entering a private equity transaction.
Read More →
As the American Bus Association marks its 100th year, a new ABA Foundation report highlights the Marketplace’s role as a key revenue engine for the bus and group travel industry.
Read More →