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- Category: Industry News
TEMSA, a manufacturer of motorcoaches based in Turkey and sold around the world, has announced that it has increased its capital as it continues a robust showing in exports. The company was acquired by Sabancı Holding and the PPF Group.
TEMSA continues its growth in both domestic and international markets, through the partnership of Sabancı Holding and the PPF Group, in which Skoda Transportation acts as its subsidiary, is reinforcing its capital.
TEMSA’s TS45 Electric Bus
Industry SBU President of Sabancı Holding and Chairman of the Board of Directors of TEMSA Cevdet Alemdar commented: “We are strengthening our capital to have TEMSA attain a stronger and more competitive financial structure in both domestic and foreign markets. Today, TEMSA is a brand that has proven itself in the field of electric buses and autonomous vehicles. We exported our first electric bus to Sweden in recent months. In other words, today, we are selling our electric vehicles that we produce in Adana to a country that has a say in the field of electric vehicle technology in the world; moreover, with its own software and batteries. Skoda Transportation that operates under the roof of our partner PPF Group has substantial global experience in electric transportation solutions. This know-how will pave the way further for TEMSA to expand its product range and markets in the forthcoming period. Hence, we aim to reinforce TEMSA's leadership in new generation electric vehicles and fortify its growth.”
Alemdar noted that TEMSA has been growing in popularity in Europe, especially in Sweden, Belgium, France, and Czechia. In the North American market, TEMSA unveiled its redesigned TS30 motorcoach at the 2021 UMA Expo this past April. According to a press release from UMA, Temsa representatives said that the North American market is one of its growth accelerators and has plans for introducing the TS45 Electric Bus, which was recently developed specifically for the US market.
Ladislav Chvatal, PPF group chief officer for strategic projects, highlighted the synergy between TEMSA and Skoda Transportation in TEMSA’s future growth plans: “PPF Group has invested in TEMSA aiming to utilize its synergies with Skoda Transportation and provide a boost for both companies as they expand on international markets. PPF is therefore delighted that TEMSA and Skoda Transportation have been attracting major customers around the world for its modern and environmentally friendly mass transport solutions. The contribution of Skoda Transportation are electric and hydrogen fuel cell buses.”
Visit temsa.com for more information.
[08.24.21]
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- Category: Industry News
Updated: 8/25/21
The National Limousine has opened up nominations for its annual Board of Directors election. Six seats representing regions from around the world will be available for candidates:
- At Large: 1 seat (any state in US)
- US Central Region: 1 seat (Ark., Iowa, Ill., Ind., Kan., La., Mich., Minn., Mo., N.D., Neb., Ohio, Okla., S.D., Texas, and Wisc.)
- US Northeast Region: 1 seat (Conn., Mass., Maine, N.H., N.J., N.Y., Pa., R.I., and Vt.)
- US West Region: 1 seat (Ark., Ariz., Calif., Colo., Hawaii, Idaho, Mont., Nev., N.M., Ore., Utah, Wash., and Wyo.)
- Canada Region: 1 seat
- International Region: 1 seat
In an effort to attract new Board members, NLA President Robert Alexander of RMA Worldwide hosted an informational session on August 24 called NLA Board: Past, Present, & Future on its Facebook page. The livestream featured current and former Board members who answered questions operators had about running for and serving on the Board, including Laura Canady of SC Express, Jay Erlich of Europe Limousine, Steve Qua of Company Car & Limousine, Tracy Raimer of Windy City Limousine & Bus, Doug Schwartz of Executive Ground Transportation, and Bill Faeth of Limo U. The recording of the livestream is available here.
“If you have been thinking about throwing your hat into the ring, I highly recommend you attend this can't-miss livestream to learn more. We have had so many wonderful industry leaders step up each year to dedicate their expertise and support to the NLA, and I am sure we will see excellent candidates step up this year as well,” added Alexander. “We are always look for fresh ideas and energy to continue the NLA's legacy and make it even better.”
Nominations will be accepted through September 23, 2021, at 5:00 p.m. ET. To read the qualifications for applicants or submit an application for the 2021 NLA Board of Directors election, click here.
Visit limo.org for more information.
[08.20.21]
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- Category: Industry News
Chino, Calif.-based Creative Bus Sales, a bus dealership network with 16 locations across the United States, announced the acquisition of Alliance Bus Group, a dealership with locations in Georgia, Florida, Texas, Louisiana, New Jersey, Mississippi, and New Hampshire. With this acquisition, Creative Bus Sales will now have 21 sales and service locations and a nationwide support network for its transit, school, and retail bus customers.
“This acquisition represents a significant strategic move for Creative allowing us to better serve our existing customers along with the ability to offer unparalleled sales, service and support network to new and future customers,” said Creative Bus Sales President Tony Matijevich. “Additionally, we believe the combination of Creative, and Alliance benefits our manufacturer partners as well by bringing an elevated standard of quality products and services to new customers efficiently and economically.”
Alliance Bus Group is headquartered in Atlanta, GA and primarily serves the Southeast, Northeast, and Texas markets with a very similar product line as Creative Bus Sales. Currently, Alliance has over 100 employees in its sales and service locations.
“There is tremendous synergy between the two companies when you look at our respective product lines and unique dealership locations,” stated Alliance Bus Group CEO Doug Dunn. “The acquisition makes a lot of sense for the industry and our valued customer base. Our customers and our employees will be in good hands with Creative.”
Visit creativebussales.com for more information.
[08.20.21]