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Daimler Receives Order For 450 Buses from SBS Transit

Date : 07/18/2012 @ 5:53AM
Source : Dow Jones News
Stock : Daimler AG NA O.N. (DAI)
Quote : 65.76  -0.62 (-0.93%) @ 8:44AM
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Daimler Receives Order For 450 Buses from SBS Transit

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FRANKFURT (Dow Jones)- Singapore public transit operator SBS Transit Ltd (S61.SG) placed an order for an additional 450 buses from Daimler AG's (DAI.XE) bus unit, the German car maker said Wednesday.

MAIN FACTS:

- The order is for 450 Mercedes-Benz Citaro city buses.

- SBS Transit placed an initial order for 300 Mercedes-Benz Citaro buses in April 2011, the last of which are currently being delivered.

- Delivery begins in the fall of 2012 and is to be completed by the end of 2015.

- All buses will be manufactured at the EvoBus plant in Mannheim.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

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