reports
NFI Group Amends Agreement with Coliseum Capital Management
NFI Group Amends Agreement with Coliseum Capital Management 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 “Amended Agreement”) with ...
NFI Announces CEO Transition
NFI Announces CEO Transition 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 Officer effective January 1, 2026. John will be based ou...
NFI Announces Battery Recall Agreement with XALT
NFI Announces Battery Recall Agreement with XALT Cooperative resolution expands NFI’s zero-emission bus capabilities and strengthens financial capacity to perform battery recall campaign WINNIPEG, 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 related to the recall on Generation...
City of Ottawa’s OC Transpo Orders 50 New Flyer Xcelsior® Clean-Diesel...
City of Ottawa’s OC Transpo Orders 50 New Flyer Xcelsior® Clean-Diesel 60-foot Buses 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 CA...
NFI Announces Third Quarter Results
NFI Announces Third Quarter Results Improvements in Deliveries, Revenue, Free Cash Flow1, Adjusted EBITDA1 and Liquidity1 with a total backlog of $13.2 billion WINNIPEG, Manitoba, Nov. 06, 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 its unaudited interim condensed consolidated financial results for the third quarter of 2025. All figures quoted in U.S. dollars unless otherwise noted. Third Quarter Highlights Deliveries: 1,114 equivalent units ("EUs...
NFI’s New Flyer Honored as Employer of the Year – Large Business by Al...
NFI’s New Flyer Honored as Employer of the Year – Large Business by Alabama Governor’s Committee on Employment of People with Disabilities ANNISTON, Ala., Oct. 31, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), is proud to announce that it has been named the Employer of the Year – Large Business by the Alabama Governor’s Committee on Employment of People with Disabilities (GCEPD). The award recognizes New Flyer’s strong commitment to access...
NFI Group and GILLIG form 50/50 JV to Acquire the Assets of American S...
NFI Group and GILLIG form 50/50 JV to Acquire the Assets of American Seating, Strengthening North American Seat Supply through Historic Industry Partnership Strategic joint acquisition supports sustainable supply chain for execution of key industry players’ backlog WINNIPEG, Manitoba, Oct. 22, 2025 (GLOBE NEWSWIRE) -- NFI Group Inc. (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) and GILLIG LLC, today announced that the companies have formed a 50/50 joint venture that acquired the assets of American Seating Inc., a producer of seats for transit, motorcoach, and rail applications. The joint acquisit...
NFI schedules third quarter 2025 financial results and conference call
NFI schedules third quarter 2025 financial results and conference call WINNIPEG, Manitoba, Oct. 09, 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 it intends to release its third quarter 2025 financial results on Thursday, November 6, 2025 after market close, with a conference call and webcast to discuss the results on Friday, November 7, 2025, at 7:30 a.m. (Eastern Time, ET). For attendees who wish to join by webcast, registration is not required; the event...
NFI provides update for the third quarter of 2025
NFI provides update for the third quarter of 2025 WINNIPEG, Manitoba, Sept. 26, 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 solutions, today provided an update on its deliveries and operations for the third quarter of 2025, including a battery recall filed with the National Highway Traffic Safety Administration and Transport Canada. All figures quoted in U.S. dollars unless otherwise noted. Operational and Supply Chain Update Deliveries: Some of NFI’s planned third quarter vehicle deliveri...
NFI’s Alexander Dennis proposes to maintain bus manufacturing in Scotl...
NFI’s Alexander Dennis proposes to maintain bus manufacturing in Scotland LARBERT, United Kingdom, Sept. 15, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary Alexander Dennis, today announced that following intensive engagement with internal and external stakeholders, the company intends to keep its Scottish manufacturing sites open and operational. The proposal to maintain operations was made possible through the advocacy and intervention of the Scottish Government and Scottish ...
NFI releases its Sustainability Report for 2024
NFI releases its Sustainability Report for 2024 WINNIPEG, Manitoba, Aug. 12, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a recognized leader in propulsion-agnostic bus and coach mobility solutions, today released its Sustainability Report for 2024 (the Sustainability Report, or Report), which can be found at . “At NFI, sustainability is more than a core value—it’s a guiding principle that shapes how we operate across our value chain.” said Janice Harper, Executive Vice President, People and Culture. “In 2024, our team took important...
NFI’s Alexander Dennis opens Las Vegas manufacturing facility and deli...
NFI’s Alexander Dennis opens Las Vegas manufacturing facility and delivers local Enviro500 double deckers LAS VEGAS, Aug. 06, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary Alexander Dennis, today celebrated the official opening of its U.S. manufacturing facility in Las Vegas. To commemorate the facilities launch it handed over the first two of 10 new Enviro500 double deck buses to the Regional Transportation Commission of Southern Nevada (RTC). The opening of the new manufac...
NFI Announces Second Quarter Results
NFI Announces Second Quarter Results Improvements in Revenue, Gross Margin, Adjusted EBITDA1 and Liquidity with a total backlog of $13.5 billion WINNIPEG, Manitoba, July 31, 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 its unaudited interim condensed consolidated financial results for the second quarter of 2025. All figures quoted in U.S. dollars unless otherwise noted. Second Quarter Highlights Deliveries: 1,076 equivalent units ("EUs"), with 30.9...
NFI subsidiary New Flyer awarded 46 bus order from Las Vegas RTC
NFI subsidiary New Flyer awarded 46 bus order from Las Vegas RTC New Flyer further enhances RTC’s fleet, exclusively comprised of NFI’s advanced vehicles ST. CLOUD, Minn., July 31, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a firm award from the Regional Transportation Commission of Southern Nevada (RTC) for 46 Xcelsior® CNG 40-foot transit buses. The purchase was supported by Federal Transit Administration funds and...
NFI’s MCI awarded expansion order from Metrolinx, strengthening leader...
NFI’s MCI awarded expansion order from Metrolinx, strengthening leadership in the commuter coach market WINNIPEG, Manitoba, July 28, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary Motor Coach Industries (MCI), has secured a second order from Metrolinx, deepening a key partnership and strengthening its leadership in North America’s commuter coach sector. Metrolinx, an agency of the Government of Ontario serving the Greater Toronto and Hamilton Area, is dedicated to improving tr...
NFI’s New Flyer launches extended range option for Xcelsior CHARGE FC™...
NFI’s New Flyer launches extended range option for Xcelsior CHARGE FC™ hydrogen fuel cell-electric bus The option adds up to 120 miles of range for longer service routes ST. CLOUD, Minn., July 17, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today unveils a major range-boosting innovation for its Xcelsior CHARGE FC™ 40-foot hydrogen fuel cell-electric bus (FCEB). The new optional hydrogen four-tank-module significantly extends vehicle ...
NFI subsidiary New Flyer receives significant order from Ottawa-Carlet...
NFI subsidiary New Flyer receives significant order from Ottawa-Carleton’s OC Transpo for 124 Xcelsior Charge NG™ buses WINNIPEG, Manitoba, July 09, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer Industries Canada ULC (New Flyer), today announced a significant order from OC Transpo, in Ottawa. The order includes 124 Xcelsior CHARGE NG™ 40-foot battery-electric transit buses, further advancing OC Transpo’s commitment to fleet electrification and sustainable transit. ...
Suffolk County Transit Chooses NFI’s New Flyer to Modernize Fleet with...
Suffolk County Transit Chooses NFI’s New Flyer to Modernize Fleet with 132 Next-Generation Buses ST. CLOUD, Minn., July 07, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), has been awarded a contract from Suffolk County Transit for up to 132 buses over the next five years, including 92 Xcelsior® hybrid-electric 35-foot buses and 40 Xcelsior CHARGE NG™ battery-electric 40-foot buses, the county’s first step toward adopting a more energy-div...
NFI schedules second quarter 2025 financial results and conference cal...
NFI schedules second quarter 2025 financial results and conference call WINNIPEG, Manitoba, June 30, 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 it intends to release its second quarter 2025 financial results on Thursday, July 31, 2025 after market close, with a conference call and webcast to discuss the results on Friday, August 1, 2025, at 8:30 a.m. (Eastern Time, ET). For attendees who wish to join by webcast, registration is not required; the event ca...
NFI’s New Flyer secures order from Brampton Transit for additional 55 ...
NFI’s New Flyer secures order from Brampton Transit for additional 55 buses WINNIPEG, Manitoba, June 23, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer Industries Canada ULC (New Flyer), will deliver 55 new Xcelsior® buses to Brampton Transit, expanding the city's fleet with next-generation transit solutions. The new order includes 20 Xcelsior® hybrid-electric 40-foot buses and 35 Xcelsior® clean-diesel 60-foot buses (70 equivalent units). This award will be included...
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