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General news

04 Sep 2019

CNH INDUSTRIAL RESTRUCTURES: IVECO TO BECOME SEPARATE LISTED COMPANY

‘Transform 2 Win’ is the new strategy from CNH Industrial with the aim to reduce operating costs and increase the efficiency of its asset base through targeted restructuring. The ‘Transform 2 Win’ plan will see the companies ‘On-Highway’, including Iveco, Iveco Bus, Heuliez Bus and ‘OffHighway’, agriculture, separated from CNH Industrial and transferred into two listed entities. Full implementation is expected by the end of 2022.



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02 Sep 2019

INDONESIA PREPARES PROCUREMENT OF 41,000 ELECTRIC BUSES

The Indonesian Ministry of Transportation is preparing to procure 41,000 electric buses to organize public transportation around Jakarta, reports the Indonesian based website Haltebus.com. It quotes the Head of the Jabodetabek Transportation Regulatory Agency (BPTJ), Bambang Prihartono, who stated this in a recent discussion on transportation in Jakarta. It will be a five year plan with a batch of the first thousand electric buses to come in operation next year.



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