US-headquartered 3897 Navistar has announced a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos (3898 Neobus). With its investment, Navistar will leverage the bus body building expertise of Neobus and Navistar's strengths in powertrain and chassis development.
San Marino Onibus e Implementos develops vehicles for passenger transportation under the Neobus brand, exporting to the Americas, Africa and Middle East. Its product range includes midi and feeder vehicles, heavy transit and articulated buses, as well as intercity and long-distance coaches.
"Our investment in Neobus, one of the most respected Brazilian bus body manufacturers, allows us to leverage our experience in building integrated buses for the US and Canada market with the bus body building expertise of Neobus," said John McKinney, president Navistar Global Bus. "Working together, we can bring value to customers with an integrated solution for commercial bus markets in South America and North America."
Both companies have signed a non-binding agreement and negotiations are at an advanced stage, with finalisation and execution of the binding definitive agreements expected in the near future.
San Marino Onibus e Implementos develops vehicles for passenger transportation under the Neobus brand, exporting to the Americas, Africa and Middle East. Its product range includes midi and feeder vehicles, heavy transit and articulated buses, as well as intercity and long-distance coaches.
"Our investment in Neobus, one of the most respected Brazilian bus body manufacturers, allows us to leverage our experience in building integrated buses for the US and Canada market with the bus body building expertise of Neobus," said John McKinney, president Navistar Global Bus. "Working together, we can bring value to customers with an integrated solution for commercial bus markets in South America and North America."
Both companies have signed a non-binding agreement and negotiations are at an advanced stage, with finalisation and execution of the binding definitive agreements expected in the near future.
